Glossary entry (derived from question below)
Bulgarian term or phrase:
масово блокиране на сметки
English translation:
mass blocking / levying of bank accounts, mass account blocking
Bulgarian term
масово блокиране на сметки
4 +6 | mass blocking of accounts / mass account blocking | Pavel Tsvetkov |
4 | mass levying of (bank) accounts | Krasimira Kalcheva |
Mar 24, 2011 09:27: Veta Anton changed "Edited KOG entry" from "<a href="/profile/1133152">Veta Anton's</a> old entry - "масово блокиране на сметки"" to ""mass blocking / levying of bank accounts / mass account ""
Mar 24, 2011 09:29: Veta Anton changed "Edited KOG entry" from "<a href="/profile/1133152">Veta Anton's</a> old entry - "масово блокиране на сметки"" to ""mass blocking / levying of bank accounts, mass account blocking""
Non-PRO (1): Andrei Vrabtchev
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Proposed translations
mass blocking of accounts / mass account blocking
Thanx for the helpful answer! |
mass levying of (bank) accounts
If you do not pay your taxes (or make arrangements to settle your debt), the IRS may seize and sell any type of real or personal property that you own or have an interest in. For instance,
We could seize and sell property that you hold (such as your car, boat, or house), or
We could levy property that is yours but is held by someone else (such as your wages, retirement accounts, dividends, bank accounts, licenses, rental income, accounts receivables, the cash loan value of your life insurance, or commissions).
Finally, the creditor may know where you bank and will issue a levying order to your financial institution. This process varies from state to state, but in general, a creditor can levy your account down to zero.
http://www.irs.gov/businesses/small/article/0,,id=108341,00.html
http://www.bankrate.com/brm/news/bankruptcy/20061114_garnish_bank_account_a1.asp
Thanx for the helpful answer! |
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