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    jackbrodowski's Avatar
    jackbrodowski Posts: 1, Reputation: 1
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    #1

    Apr 19, 2007, 12:26 PM
    Texas debt proceedures - possible outcomes?
    In Texas when an individual is sued for debt and the individual cannot pay the amount sued for, what actions (entry of judgement, filing a lien, attachment of assets, freezing of bank accounts, etc.) can be forced upon the individual and how do they impact the individual?
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
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    #2

    Apr 19, 2007, 12:29 PM
    I don't believe Texas allows garnishment of wages. So the only recourse when a judgement is rendered, is to seize assets. A primary residences is usually exempt from seizure. Most debtors won't bother with personal property like furniture clothing etc. So that leaves cash assets and securities.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #3

    Apr 19, 2007, 12:41 PM
    I was watching Walker Texas Ranger, it looks like the people you owe money to, come after you with guns and just take what you owe.
    ** TV can't be wrong can it?

    But seriously unless it has just changed, Texas does not allow garnishment of wages. But they do allow attachments ( so I guess the people with guns *court baliffs** do come and take your stuff.

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