Legal Question in Credit and Debt Law in Texas

judgement

my ex-husband and i purchased a home and a piggy back loan was taken in addition to the regular mortgage. we divorced and the mortgage was forclosed. the company that had the piggy back sued for the amount and a judgement was placed against my ex-husband and i. i have not received any additional information since the judgment was issued in november 2007. Can this company legally garninsh money from my checking account? right now there is a pending hold on my checking account. no showing a negative balance of $12,600. what can i do? i make less than $2000 a month, i have no stocks, bonds, property, etc. i am a single parent now with no money to pay any bills or buy any food. what can i do? is there a law to protect me in this situation?


Asked on 5/01/08, 11:28 pm

2 Answers from Attorneys
TC Langford Langford Law Office

Re: judgement

If the company has a valid judgment and a valid execution, then your bank accounts can be reached to satisfy the judgment. You will need to pay cash for your expenses, or negotiate a settlement of the judgment.

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Answered on 5/02/08, 8:13 am
Donald McLeaish McLeaish&Associates;, P.C.

Re: judgement

Unfortunately you have had your accoount garnished...which is legal..call the attorney who garnished but I doubt if they will release..and without all documents it is hard to comment..but you may have had a defense to lawsuit but didn't contact a lawyer when sued. If you start banking elsewhere, do it in another name..ie maiden name or with parent..and be the only signator..Do not fail to contact lawyers when sued in the future...and if we can help, ask

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Answered on 5/02/08, 12:35 pm


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