Galveston Stop Bank Account Garnishment Lawyer
Sometimes it feels easier to ignore your mounting debt problems than to face them head on. But it is only a matter of time until unpaid creditors seek legal action to collect on monies owed to them. Creditors have a right to file a legal claim for bank account garnishment, and when they obtain the go-ahead, there is little you can do to recoup the money taken from your accounts. Fortunately, there is something you can do to protect yourself before it gets to that point.
Preventing Bank Account Liens And Garnishments
If you have received notice of an order permitting creditor garnishments, chances are your bank was already instructed to freeze your accounts. In order to protect your money, you must act quickly. As soon as you file for bankruptcy protection, an automatic stay goes into effect and creditors are prohibited from further collection.
It is worth mentioning that there are certain assets exempt from bank account garnishments, such as unemployment money or social security payments. However, complexities arise when these funds are commingled with other sources of income in your checking or savings accounts.
Do Not Believe Everything That Creditors Tell You About Garnishment
In the state of Texas, funds in your bank account may not be garnished without a court order, regardless of what a creditor may threaten.
Whether you have just received a notice of bank account garnishment, or if you fear one is on its way, our lawyer can help. Attorney Tom Root has been practicing law for more than 30 years and has helped many past clients obtain the debt relief that they need.