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bank levvys

Submitted by on Wed, 02/20/2013 - 16:23
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If I already have a judgement against me and my bank accnt has already been levvyed, can they keep all the money in my accnt? In the state of Texas.


Texas is a very consumer friendly state. The friendliest really. You may be able to claim a personal property exemption. I doubt that you can because I think the exemption is tied just to property and not your bank accounts, but call a local attorney to find out.

Good luck.


Submitted by Jared Strauss on Sun, 02/24/2013 - 23:46

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A bank account levy would mean that your funds are frozen for the time being simply because the amount in the bank is not enough to cover your debt. If you repay the debt your funds will be unfrozen.


Submitted by Steve Barris on Wed, 02/20/2013 - 20:31

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Garnishment laws are very strict in Texas. Creditors can only garnish your account for student loans, alimony, taxes, child support, etc. Even then they can't take away all the money from your account.


Submitted by ditchdebt on Wed, 02/20/2013 - 20:00

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In Texas they cannot garnish wages. They can however levy your account. Best thing to do is to change banks.


Submitted by debtinsider on Mon, 02/25/2013 - 13:00

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In Texas they cannot garnish wages. They can however levy your account. Best thing to do is to change banks.


Debt insider....do you know anything about bank levies??? When attempting to levy a bank account, they send copies of the court order to ALL the banks in the area, big and small. They just wait until they get a hit! Changing banks is not a solution . Prepaid credit cards would be a safe place to put your money.


Submitted by SOAPLADY on Mon, 02/25/2013 - 13:21

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