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What can occur if you do not pay on a judgment against you for a credit card in the state of Texas?
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.
What else can I help you with?
Does new york allow wage garnishment 4 credit card debt?
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.
Will a credit card company seize your car for unpaid credit card debt?
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.
If you are at least making some type of payment on your credit card can they garnish your bank account?
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.
Can you provide some examples of hard inquiries on a credit report?
Hard inquiries on a credit report occur when a lender checks your credit history after you apply for credit, such as a loan or credit card. Examples include applying for a mortgage, car loan, or new credit card. These inquiries can impact your credit score.
What is the difference between hard and soft inquiries on a credit report?
Hard inquiries occur when a lender checks your credit report as part of a credit application, potentially affecting your credit score. Soft inquiries are when you check your own credit report or when a company checks your credit for promotional purposes, not affecting your credit score.
Does new york allow wage garnishment 4 credit card debt?
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.
What are the two judgments that occur after death?
After death, two judgments occur: the particular judgment, which is the immediate judgment of the soul by God, and the final judgment, which is the judgment of all souls at the end of time.
Will a credit card company seize your car for unpaid credit card debt?
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.
Can collection companies freeze bank accounts?
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.
What does a collection agency have to do to take money from your private bank account?
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.
When and where do tornadoes mostly occur?
they most likely occur in Florida or the mostly occur in Texas
Do you need a license to start a cleaning business 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.
Do floods occur in Austinn Texas?
no
If your a minor can you have a judgment against you?
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.
What is the difference between a lien on property and lien on a person's name?
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.
Where do tornadoes occur in Texas?
Tornadoes occur most frequently in the central region of Texas known as Tornado Alley. This area includes cities such as Dallas, Fort Worth, and Waco. Tornadoes can also occur in other parts of Texas, but they are most common in the central region.
Where do wildfires typically occur?
in texas i think.
