Find the best financial services for you at: SMARTFINANCESOLUTIONS.NET - How fast can a creditor place a levy on a bank account? -- Texas? - I'm asking this for a friend who's in a bit of a financial bind. An old creditor has recently filed a suit against him and the hearing is this upcoming October 1st. He plans to go in to contest the debt, but I expect him to lose. In the case that a judgment is won against him, how fast can the creditor use this judgment to place a lien on my friend's checking account beginning with the day the judgment is won? This is for the state of Texas.
I'm asking because my friend is planning on declaring bankruptcy anyway, but he needs time to collect the funds, so any information would be greatly appreciated. Thanks. -