Levy Against Business

Till Tap

A Till Tap Authorizes the Levying Officer to Levy the Contents of a Business Cash Register & Safe. A till tap occurs when a marshal or sheriff goes into the business owned by the debtor and takes possession of all of the money in the till. If the debtor operates a store, shop, or any other kind of business which maintains a large amount of cash on the premises, a till tap can be used to seize any funds on the premises (e.g., money in the cash register) at a given time. A till tap should occur on a day and at a time when the debtor is likely to have a large amount of cash on the premises (e.g., the last day of a big sale).

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Sheriff Keeper  

A Sheriff Keeper Authorizes the Levying Officer to Place a Keeper on the Premises of the Business for a Specific Period of Time to Collect any Cash as it Comes into the Business. A keeper occurs when a levying officer (often a retired sheriff’s deputy), marshal or sheriff is placed on the business’s premises of the debtor, for a number of days or hours as instructed (usually in 8 to 24 hour increments) and collects monies received by the business for the period of time instructed to be there. To do this, the creditor must pay the levying officer a deposit to cover the full cost of having a keeper on the business premises as well as other expenses that may be incurred by the levying officer. Before using a keeper, a creditor need decide whether the amount of your judgment is large enough to warrant the expense of a keeper, and whether it is likely that the business will collect enough cash to pay the judgment and the costs of a keeper. While the keeper is present, all sales must be for cash or its equivalent (for example, checks or bank credit card drafts); nothing can be sold on the business’ own credit, without the creditor’s consent. Usually, a decision to place a keeper on the debtor’s business premises is likely to result in a prompt offer of payment if the debtor has the resources to pay.

Michael Woodward

Michael is the founder and CEO of jumbleThink.  He is also the CEO of Woodward Design Group.  He and his team have built over 400 website for small businesses to large customer portals for Fortune  100 corporations.  He has also consulted with hundreds of businesses through the Small Business Development Council in Butte County,  Ca (http://www.buttecollegesbdc.com) along with teaching courses on web design / development and marketing strategies.  His passion is to help individuals and businesses make their dreams attainable through creative thinking / idea formation and strategy.

http://www.jumblethink.com
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Vehicle Levy

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Bank Levy