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Is an item removed from credit reports after four years for Texas residents?

No, although the statute of limitations for your account may only be 4 years, the account may be reported by the 3 credit reporting agencies for 7 years from the date of first derogatory.


What can happen if you choose to stop paying your credit cards in Texas?

Previous answer: "Anytime you borrow money and do not repay it, the creditor can sue you and obtaine a judgment. Once the creditor has a judgment, there are many ways to collection such as freezing your bank account, putting a lien on your home and garnishing your wages." In addition: However, in Texas, a credit card company CANNOT put a lien on your home or garnish your wages. Other states, yes--not here in Texas. They can, as said, sue you and obtain a judgment (but make SURE you attend if they are suing you past the statute of limitations (which in Texas, I believe, is 4 years) because you need to show up to answer with the fact that the statute has run--if you don't, they get the judgment...but I digress). Anyway, they can sue you and they can freeze your bank account; so make darn sure you don't have one they can freeze. I'm not sure about this, but I don't think they can freeze a bank account that is in your name and another's name that is not a signer on the card--might want to check into that. If any of this is incorrect for Texas, chime in!


Can Simms Associates garnish your wages if they said they could in Texas?

Texas does not allow wage garnishment for creditor debt in most cases, but has amended the statute to allow for certain exceptions. The state has always allowed garnishment for child support, federal and state back taxes, federal or public funded student loans, and in some cases spousal maintenance (alimony). The law now allows for creditor remedy by garnishment if the debtor does not have sufficient nonexempt property to pay the debt, (such as a bank account or real property) the creditor may petition the court under TX.Code, 63.100 for a wage garnishment. The other exception is, if the debtor is employed by an out-of-state company, the judgment creditor can then garnish the debtor's wages under the company's home state laws.


What is bigger Texas or France?

Texas is about 10 percent larger than France. The area of Texas is 268,820 square miles and of France is 247,367 square miles.


Can credit card companies garnish wages for unsecured debt in Texas?

Not that I'm aware of, the credit card companies may tell you they can to collect a debt and if YOU AGREE to wage garnishment. They can take you to court on a judgment, which either you settle with them at court, or if you don't show at court impose a judgment that will attach a lien to any assets for ten years. I'm understanding that wage garnishment can only be Government (ie. IRS) and Child Support Agencies. Statues of limitations in Texas for credit card collection is four years. You can ask your employer about the rules on wage garnishment for clarification.

Related Questions

What is the Texas statute of limitations on private student loans?

4 years


What is the statute of limitations for insurance violations in Texas?

There are no limitations.


What is the statute of limitations of Driving under intoxagation in Texas?

Statue of limitations for dui arrest in texas


What is the statute of limitations on murder in Texas without evidence?

There is no statute of limitations on murder in Texas. The lack of evidence would be the reason they haven't brought charges.


What is the statute of limitations on false imprisonment in Texas?

The statute of limitations for false imprisonment or unlawful restraint in Texas is two years, pursuant to CPRC Section 16.003(a).


Is there a statute of limitations on DUI charge in Texas?

Once charged in Texas, there is no limit. A statute of limitations only applies before any DUI charges are brought.


Is there a statute of limitations for a probation violation in Texas?

Probation violations are not subject to a statute of limitations. You can be charged with the violation at any time.


Is there a statute of limitations for a house lien in Texas?

No there is not statute of limitations. The lien serves as notification that a debt is owed and secures that debt.


Is there a Texas statute of limitations for negligence?

2 years


Is there a statute of limitations on a DUI in Texas?

In Texas, there is a two-year statute of limitations for prosecuting misdemeanor DUI cases, starting from the date of the offense. For felony DUI cases, which involve serious injury or death, there is no statute of limitations.


What is the statute of limitations for a traffic ticket in Texas?

Since the State of Texas has already issued the ticket there will not be a statute of limitations. The driver has already been given legal notice of the violation.


What is the statute of limitations on written agreements in Texas?

Five years