Freezing Bank Accounts for Debt Payment & Template to Respond
Authored By: Legal Hotline for Texans
If you have been sued on a debt, AND there has been a judgement issued against you, it's possible that your bank account can be frozen and funds transferred to the debt collector against your will. However, some bank accounts only hold funds that are EXEMPT from this forced transfer, such as social security. Click here for a brief summary of the law and a template to send your bank if you believe you might be at risk of this.