Texas law protects key assets from most judgment creditors: your homestead, current wages, federal benefits, most retirement accounts, and specified personal property capped at $50,000 for single adults or $100,000 for families. Non-exempt property may be levied or frozen after judgment. … [Read more...]
If Someone Sues You, Can They Take Your House in Texas?
In Texas, creditors cannot force the sale of your primary homestead, since the Texas Constitution shields unlimited equity on up to 10 urban acres (100 rural; 200 for families). However, they may record a judgment lien that you must clear before refinancing or selling. Quick Answer: How do I … [Read more...]
