Texas does not allow wage garnishment or the forced sale of a primary residence when it pertains to creditor judgments. The creditor can place a lien against real property or sometimes vehicles, that belong to the debtor, levy on bank accounts (even those jointly owned) or petition to have non-exempt assets seized and liquidated for the repayment of monies owed.
No, not for the debt alone. For garnishment to occur in any state, the creditor must have a valid civil judgment. Unpaid credit card debt, however, is a common reason for a judgment to be issued.
If a creditor/lender obtains a writ of judgment from the court in the state where the debtor resides, said judgment can be executed against real and personal property belonging to the debtor. In matters of judgments for CC debt in most US states it is possible for the judgment holder to place a lien against a vehicle (depending upon how the vehicle is titled) and request a forced sale. However, even though it is possible it is not in feasible for the judgment creditor to take such action and therefore highly unlikely to occur. The judgment debtor can also, garnish wages, levy bank accounts, seize and liquidate non exempt assets (stocks, bonds, etc.) or place a lien against real property. The judgment debtor should familiarize themselves with what real and personal property is exempted from attachment according to the laws of their state. Generally these exemptions will be the same as are allowed in bankruptcy proceedings.
it all depends on what state you live in. In some states they can't garnish your wages Garnishment requires a court order. You would have to be sued first, and either have judgment brought against you by losing the case, or by not responding to the lawsuit papers; called judgment by default. Then papers are mailed to you indicating that garnishment will occur. If you are served with papers, make sure you respond to the court within the time limit stated on the papers, or you risk judgment by default. Many times, if you are having financial troubles, you can indicate this to the court and they may decide the case in your favor.
One generally doesn't receive bad credit for getting a bank loan. A bank loan can be denied though, if one has bad credit. Bad credit can occur if one does not pay credit card bills on time.
Interest does not accrue on credit card debt after the card holder is deceased. It can occur however, if the spouse is on the account.
No, not for the debt alone. For garnishment to occur in any state, the creditor must have a valid civil judgment. Unpaid credit card debt, however, is a common reason for a judgment to be issued.
If a creditor/lender obtains a writ of judgment from the court in the state where the debtor resides, said judgment can be executed against real and personal property belonging to the debtor. In matters of judgments for CC debt in most US states it is possible for the judgment holder to place a lien against a vehicle (depending upon how the vehicle is titled) and request a forced sale. However, even though it is possible it is not in feasible for the judgment creditor to take such action and therefore highly unlikely to occur. The judgment debtor can also, garnish wages, levy bank accounts, seize and liquidate non exempt assets (stocks, bonds, etc.) or place a lien against real property. The judgment debtor should familiarize themselves with what real and personal property is exempted from attachment according to the laws of their state. Generally these exemptions will be the same as are allowed in bankruptcy proceedings.
Yes, a collection agency can freeze your bank account, but only under certain circumstances. A freeze can only occur after the collector obtains a judgment. They would have to go to court to get the judgment against you.
Learning, intelligence, and judgment occurs in the cerebral cortex. The cerebral cortex is where the action(s) occur, but the part of the brain responsible for learning, intelligence, and judgment is the cerebrum.
Assuming the debtor does not voluntarily release the information for collection to the collector due civil process is required before such action can occur. The general steps are: The collector/creditor will file a civil suit against the debtor, win the suit (which is almost certain to happen); be awarded a judgment then execute the judgment as a levy against the judgment debtor's bank account.
Tornadoes can occur anywhere in Texas, but are most common in the northeastern portion of the state.
Tornadoes can occur anywhere in Texas, but they are most common in the northeastern quadrant of the state.
they most likely occur in Florida or the mostly occur in Texas
You do not need a cleaning license for Texas but you should always carry liability insurance and have a surety bond. This will protect you against any claims that may occur associated with you work.
no
It is possible, but not likely. A minor is not of the legal age of consent, so cannot legally enter into a contract that is the primary means of acquiring debt. There are probably some unusual situations that can occur that could result in a judgment against a minor, such as damage or personal injury claims; however, in most of those cases the parent or the guardian of the minor would be the one sued.
You have asked an interesting question. Briefly:There are numerous different types of liens in law. Some occur voluntarily when a property owner places their property as security for a loan. This type may be viewed as a lien against property.Some liens are involuntary such as when a plaintiff wins a judgment against another in a court of equity. The judgment is against the person and the successful plaintiff can request a judgment lien that can be used by the sheriff to attach and take possession of the defendant's property to satisfy the amount owed to the plaintiff. A judgment lien can be recorded in the land records to attach and take possession of real property.