Bank Accounts and Bankruptcy in San Antonio

• No consumer wage garnishment -- Texas prohibits garnishment for consumer debts
• Current wages exempt -- wages retain exempt status in your bank account
• Social Security, disability, veterans benefits -- fully exempt

In bankruptcy, money on the filing date is part of the estate. Use Texas personal property exemptions ($100,000 family / $50,000 single) to protect cash.

1. Open an account at a bank where you have no debts
2. Move direct deposit to the new account
3. Transfer normal operating funds (do not hide assets)
4. Keep old account open with minimal balance until after 341 meeting

Local options: RBFCU, Security Service FCU, San Antonio FCU.