Legal Question in Credit and Debt Law in Texas
What happens when you are sued and a judgement is placed against you in the state of Texas? This is a real estate matter going into collections.
Asked on 9/20/11, 6:58 pm
1 Answer from Attorneys
Greg Wiley
Law Office of Greg Wiley PLLC
It is a court order that you owe the money. Many times the creditor files an abstract of judgment in the recorder's office and it can muddy the title to your property. If it is a homestead, often times you can get around it.
More often a creditor will file a writ of garnishment and the creditor will attach your bank account or a constable may come to your house to see if you ahve any non-exempt property to sell to satisfy the judgment.
Best of Luck
Greg Wiley
www.dallas-fortworth-bankruptcy.com
Answered on 9/21/11, 6:24 am
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