Checking or savings account — WELLS FARGO & COMPANY (NJ)

Banking errors. What Likely Happened : Check XXXX on XX/XX/year> ( {$25000.00} ) : The bank put a hold on most of the check, which is common for large deposits. {$6500.00} was made available early, and the rest was scheduled to clear on XX/XX/year>. XXXX by XXXX State of J : On or before XX/XX/year>, the XXXX of XXXX issued a levy or garnishment request to your bank to seize funds for unpaid taxes. Despite the funds being on hold, the bank released the full amount ( or part of it ) to the state before XX/XX/year>. Key Legal/Banking Points : Funds on Hold Can Still Be Levied : Even if the funds are not available to you due to a check hold, banks XXXX still consider them " in the account '' for legal purposes meaning they can be frozen or seized by a valid lien or XXXX. T