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

Debt RR

This unpaid debt can lead to a serious problem for businesses: garnishment. Bank account garnishment can create serious cash flow blocks for companies of all sizes, and those cash flow problems can compound into other issues, like payroll concerns and late payments on other accounts.

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What Happens If I Get a Job After Filing Chapter 7?

Sawin & Shea

When you file a Chapter 7 petition, you’ll receive an automatic stay protecting you from lawsuits and other collection efforts. This bankruptcy protection will prohibit a collection agency or another creditor from recovering debt or taking action against you. Will My Bankruptcy Filing Impact My Current Employment?

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How an Old Checking Account Can Come Back to Haunt You

Credit Corp

The amount your account is overdrawn is a legal debt you owe, which means the bank can sue you and use legal remedies such as wage garnishment to get the money. What Is the Statute of Limitations on Collecting Overdrawn Bank Account Debt? In most cases, debts are removed from your credit report after seven years.

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