Anonymous
Anonymous asked in Politics & GovernmentLaw & Ethics · 1 month ago

Does the Texas Wildcard Exemption protect bank account from levy?

Does the Texas Wildcard Exemption protect funds in bank account from levy? If so, does the exemption permanently protect your balance so long as it doesn't go above the exemption amount?

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  • 1 month ago

    Texas doesn't have it's own wildcard exemption actually, refer back to federal.

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  • 1 month ago

    The Texas Wildcard Exemption ONLY applies IN bankruptcy. It has  NOTING to do with garnishing accounts of ANY kind. It also has NOTHING to do with ongoing liabilities.

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