Learn More - Click Here!

Thread Options
#1928602 - 06/02/14 07:10 PM Writ of Garnishment and so forth
Carly Girl Offline
Power Poster
Joined: Aug 2004
Posts: 3,773
TEXAS
I need some guidance for the State of Texas regarding the legal issues pertaining to Writ of Garnishment, Liens and Levies. Does anyone have procedures on how to handle such legal issues that would be willing to help me? I recently took a webinar on Garnishments which was helpful but I still have questions. Trying to write some procedures for our FI is leaving my head spinning. sick
Thanks!
_________________________

Return to Top
#1928625 - 06/02/14 07:38 PM Re: Writ of Garnishment and so forth Carly Girl
The OG Zaibatsu Offline
Diamond Poster
The OG Zaibatsu
Joined: Dec 2007
Posts: 1,695
Texas
My recommendation has always been to send writs of garnishment, liens, and levies to the bank's attorney. Improper handling of these can be costly.
_________________________
Only two things that money can't buy, that's true love & homegrown tomatoes

Return to Top
#1928638 - 06/02/14 07:49 PM Re: Writ of Garnishment and so forth Carly Girl
Carly Girl Offline
Power Poster
Joined: Aug 2004
Posts: 3,773
TEXAS
That's what I have suggested to management but they won't allow it. That's why I'm here looking for help. I agree that it can be costly. Improper handling can/will lead to a fine/fees/lawsuit so why not just pay for the legal counsil? My hands are tied.
_________________________

Return to Top
#1929085 - 06/03/14 08:13 PM Re: Writ of Garnishment and so forth Carly Girl
Lestie G Offline

Power Poster
Joined: May 2002
Posts: 3,606
Near the Land of Enchantment
Not as good as having legal counsel available, but the TBA Deposit Documentation Manual has some good info on such things. I think it's well worth the annual subscription to the online version.
_________________________
Opinions my own.

Return to Top

Moderator:  Andy_Z