Opening a new checking account after a civil claim judgment

by Diana
(Texas)

In February 2011, I received a civil claim judgment against me in the State of Texas. I would like to open a new checking account but am afraid that it will be levied. Can the credit card company place a levy on my new account?

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Jul 26, 2012

Opening a new checking account after a civil claim judgment
by: Debtcollectionanswers.com

The company with the judgment against you can try to collect on it by levying the account, seizing an asset you may own or putting a lien on one of your assets. It has that right as long as the judgment is in effect, which could be a long, long time given that the creditor has the right to renew the judgment before it expires.

Do you have the ability to pay the amount of the judgment? Have you thought about approaching the creditor about the possibility of paying the judgment in installments? As long as the judgment remains unpaid, it will harm your credit history, which will affect your ability to get new credit, rent a place to live, get a job or purchase adequate insurance. In other words, the unpaid judgment can seriously limit your opportunities in life.

If your financial situation is really bad, consider scheduling a FREE initial evaluation with a bankruptcy attorney. Filing may be a good option for you.

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