Bankruptcy Law Questions? Ask a Bankruptcy Lawyer.
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It will hurt your credit, of course.
At some point they can file suit against you but it's very hard to collect on a judgment in Texas so long as you don't put money in the bank. They can't garnish wages until they hit the bank and there is very little property they can grab.
So, essentially all they can do is garnish a bank account if you put any money into it.
Yes, they can take it from your bank account if your name is ***** ***** regardless of who else is on the account as well.
For a while. Eventually they will track the check into your account and then start garnishing your account if they know what they are doing.
What kind of check is he getting?
They can seize that kind of money. If he were getting Social Security retirement, or a few others then they can't grab the account with that money in it but a check from the employer is still garnishable when it hits the bank.
It would be better, at some point, if he would just cash the check and then use the funds.
However, they can't garnish a bank account until he has been sued and they have gotten a judgment and that is till a ways off so he's safe using his own bank account until he gets sued and is almost at the point of a judgment.
Yes, homesteads in Texas are safe as are most vehicles and particularly if you owe on them.
Yes, a good lawyer will go back over all transactions for the last few years and try to reverse them but most lawyers doing debt collection aren't the best.
In Texas the Statute of Limitations is four years from the date of the last payment.
Yes, you should be able to do that.
Yes, to both of those.
You're very welcome.