What happens if you switch banks after a levy or garnishment order?

Rising credit card debt and high borrowing costs are putting significant pressure on borrowers, leading to increased unpaid and overdue debts. With credit card APRs over 21% and delinquency rates climbing, many borrowers face aggressive collection tactics, including lawsuits. If a creditor wins a court judgment, they can use powerful tools like wage garnishment or bank levies to collect debts directly from your accounts. Switching banks after a levy or garnishment order won’t stop the process, as the court order is linked to you, not a specific bank. Creditors can issue new levies to your new bank account if they find out where your money is. They can discover this through various methods, such as post-judgment discovery requests or subpoenas. Wage garnishments are served on your employer, so moving your direct deposit won’t prevent them. Understanding these processes is crucial before making any financial moves to avoid further complications. QUESTION: How might understanding the consequences of switching banks after a levy or garnishment order help individuals make better financial decisions?