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An In-Depth Guide to Bank Account Garnishment in Texas and How to Avoid It

Debt RR

Bank account garnishment is a collection procedure that is authorized by a court. When a creditor or a government authority sues a business or individual for an unpaid debt, one of the options for settling is for the court to give the creditor the right to pull the funds from a bank account. How Long Do Bank Levies Last for Businesses?

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Peering Over The Edge Of The Financial Cliff

Fico Collections

At the beginning of the lockdowns a former colleague described the problem facing financial institutions as a ‘portfolio of good quality customers facing a temporary shock to their income, all they need is a bit of immediate assistance’.

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