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  1. #1
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    Feb 2015
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    Default Can a Creditor Levy an Account Based on a Debtor's Being an Authorized Signer

    My question involves judgment recovery in the State of: Texas

    I understand that in Texas the most likely method of recovery on a judgment is via bank levy. I am the signer on my boss' personal checking account. Is there a risk that the creditor could levy that account even though it's technically not mine?

  2. #2
    Join Date
    Sep 2005
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    Default Re: Can a Creditor Levy an Account Based on a Debtor's Being an Authorized Signer

    That will depend on whether they can find evidence that you are using the account to conceal your funds from creditors.

  3. #3
    Join Date
    Feb 2015
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    2

    Default Re: Can a Creditor Levy an Account Based on a Debtor's Being an Authorized Signer

    Impossible. None of my own personal income is deposited there. I'm only a signer so that I can help pay his bills by writing checks out for him. I'm guessing that means creditors can't go after his account?

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