New Jersey Superior Court Appellate Division July 8, 2011 (T & C Leasing, Inc. v. Wachovia Bank)

The opinion of the court was delivered by

AXELRAD, P.J.A.D.

At issue in this appeal is whether a post-judgment bank account levy creates an ongoing restraint in the creditor’s favor under Article 7 of the State’s execution statutes, N.J.S.A. 2A:17-50 to - 56.66, requiring the bank to turn over to the creditor funds deposited into the debtor’s account after service of the writ on the bank.