[rmaria14]

I have a judgement against me in the state of TX. I have recently consulted a lawyer and was told my money in my bank account can be garnished. Is that so? What are the chances of a settlement at this point? It will cost me $1000 for a lawyer. I do not know if this is something I can work out on my own, with the collection co at this point. Should I hire the lawyer? What do you think? The amount owed is now at $6200. +.

[ScottGem]

While Texas law prohibits garnishment of salary, bank account assets are subject to attachment.

Since the creditor already has a judgement there is little incentive for them to settle unless you don't have enough attachable assets to cover the debt.

[rmaria14]

While Texas law prohibits garnishment of salary, bank account assets are subject to attachment.

Since the creditor already has a judgement there is little incentive for them to settle unless you don't have enough attachable assets to cover the debt.

How quickly can they obtain bank information? Can the money from an account I am secondary on, be garnished also? I am not the main person. It is my parents account and statement do come with my name on them also. I was advised by a lawyer to fill in the questionnaire asking for my bank information. Should I do that? That doesn't make sense to me. Why would I want to give them my information?

[ScottGem]

They can garnish any account that you are listed as a joint tenant on. How quickly they can find your bank info depends on how good they are. If the court requires you to fill a questionairre then you have no choice.