Consumer complaint received 2024-02-24 00:00:00
Product: Checking or savings account — Savings account
Issue: Problem with a lender or other company charging your account — Can't stop withdrawals from your account
Company: BANK OF AMERICA, NATIONAL ASSOCIATION
State: CA

Complaint narrative:
Bank of America allowed a levy to be put against my savings account in the amount of XXXX The lien or levy was initiated by a lawyer, in XXXX XXXX, using whats called a confession of judgment. I knew absolutely nothing of this. Ive never received a summons or been notified in any fashion shape or form. Nothing of this has showed up on my credit report. Nothing after speaking to the law firm that actually initiated it is come to my attention that this is an identity theft situation. Someone has used my identity to apply for a merchant, cash advance, essentially forming a company and getting a cash advance from these people in XXXX XXXX and never paying it back. 

I have attempted to handle this with Bank of America without any success. Ive also sent the law firm the appropriate paperwork showing that I filed a police report for identity theft. They have told me I am out of luck and they dont care. 

Bank of America has told me that I have to handle it with the law firm that started it and I cant because they dont care I dont have the money for a lawyer because Bank of America has assets Im a resident of the state of California in the state of California, a confession of judgment which is the method used in order to initiate this lane is not valid they dont recognize them in the state of California In the state of New York, where this is issued, they can issue a confession of judgment and put a lien on an account, but not for out of state residence Furthermore, in the state of California, the only time you can put a levee in, and a of possession signed by a judge, and they do not have anything signed by a judge. The Levy was placed using a confession of judgment that is not valid in the state and which I reside. 

Bank of America is refusing to acknowledge their mistake even though just recently they lost and had to pay {$10.00} XXXX in a action lawsuit for this exact same thing for issuing and implementing levies for out-of-state levies, and not verifying the information and the guidelines for which the state of person lives The only reason I came into possession of this money in the first place was because my mother passed away, and this was payment from a life insurance that I desperately need in order to pay the funeral Ive never received any kind of paperwork. Nothing and Bank of America is refusing to assist in releasing these funds back to me even though I showed them police reports and pointed out their error. They dont want to do anything about it. 

I was injured recently and have been out of work for many months. I dont have the money to pay the funeral and wait for this money to come back. This is completely devastated my household, and will leave me in a state of bankruptcy. 

Please help

Company public response: Company has responded to the consumer and the CFPB and chooses not to provide a public response
Company response to consumer: Closed with monetary relief