Under the new Texas debt collection laws, debt collectors are limited in the number of calls and texts they can make to consumers weekly. Debt collectors are prohibited from making more than seven phone calls per week to a consumer regarding a single debt.
If a debt collector sues you in the state of Texas, you need to take action. First, fill out and file your answer form — this is your response to the lawsuit. Then, provide a copy of the filed (stamped) forms to the plaintiff (the debt collector) and keep a copy for your own records.
If you have a complaint about a professional agency or a third-party debt collector, you may wish to call the Texas Attorney General's Consumer Protection Helpline at 800.621. 0508. That agency accepts complaints of this kind and has additional information about debt collection.
Texas law gives someone 4 years to bring a lawsuit for unpaid debt. This time period is commonly referred to as the statute of limitations. Once the time period is up, a person is prohibited from filing suit to recover the debt. This means the debt is time-barred.
Under the FDCPA, collectors are prohibited from threatening violence, using profane language, calling over and over, inflating the debt, or misrepresenting themselves as attorneys.
FAQs about what happens if you ignore a lawsuit Ignoring a debt collection lawsuit can result in a default judgment against you. In this case, the court will rule in favor of the plaintiff, which may lead to wage garnishment, bank levies, property liens, and damage to your credit report.
Texas law gives someone 4 years to bring a lawsuit for unpaid debt. This time period is commonly referred to as the statute of limitations. Once the time period is up, a person is prohibited from filing suit to recover the debt. This means the debt is time-barred.
Here are some of the biggest consequences of ignoring debt collectors: - Your credit score will fall, which makes it harder to get new credit and sometimes even employment or housing - Debt collectors may get more aggressive in trying to contact you or your friends or family (though they're limited in what they can say ...