My question involves collection proceedings in the State of: TEXAS
Hello, I have been reading through the internet and have found conflicting information so I am interested in those that know about how this works in Texas.
I am being sued by a credit collection service for about 23k from about 4 years ago. I make roughly 60k per year and have a family of 5 (3 under 18).
A week ago I opened a bank account in my wife's name and got rid of my account. I deposit the money from my checks into her account. I have one 12 year old car in my name, and one 13 year old truck in her name. We have very few valuables in the house with the exception of my wife's firearms, cheap furniture, and 1 tv. We also have 1 farm trailer which is exempt. We live on 3 rural acres.
If I chose to ignore the court date and I get a default against me, what is likely to happen?
My wife's bank account cannot be touched since she is not being sued correct? I understand wages cannot be garnished but bank account can.
What is the likely hood of having an involuntary bankruptcy filed for me??
The majority of my paychecks go toward our bills and fuel -with very little left at the end of the month.
We are not extravagant people and I don't believe I can afford an attorney.
Also
Should there be an involuntary bankruptcy, what would likely happen? After liquidating my few non-exempt assets would I still have to make a payment plan out for this creditor?? Please help and thank you all very much, JO.
Please I am only interested in factual information based on TEXAS.

