A default judgment is nothing more than a judgment obtained because defendant did not show up for court. In Texas, when a default judgment is entered, the petitioner gets all that they have asked for.
In Texas, they take you to court on a judgment in order to collect. Statutes of limitations on debt collection in Texas is four years. Debtors cannot garnish any wages.
If you are on a mortgage you have to claim half of the interest by Texas law?
"Across the country, mortgage rates are falling
Home ownership is shown by Deed, which you should have received when you obtained the property and which should be filed with the County Clerk.
According to one online source, the average Texas mortgage in 2009 was approx. USD $211,500.
As of August 2014, Texas does have an anti deficiency law. Other states with the same law are Alabama, Arkansas, Delaware, and Illinois.
The employer does not garnish your wages, they simply obey the order of garnishment. And, yes, the electric service provider can garnish your wages once they have obtained a judgment.
Houston Mortgage is known as a leader in the Texas mortgage industry. It offers a variety of online aids and a free mortgage calculator to help customers find their best rates. Houston Mortgage also offers live personnel to assist customers through the mortgage process.
Non-recourse states cannot pursue you for their financial losses. Alaska Arizona Arkansas California Colorado District of Columbia (Washington DC) Georgia [THIS IS INCORRECT. GEORGIA IS A RECOURSE STATE] Hawaii Idaho Mississippi Missouri Montana (if non-judicial foreclosure is used) Nevada - (lender can get a deficiency judgment) New Hampshire Oregon Tennessee Texas (lender can get a deficiency judgment) Virginia Washington West Virginia The following states allow non-judicial foreclosure: Georgia [Georgia allows non-judicial foreclosures] Michigan Minnesota North Carolina Rhode Island South Dakota Utah Wyoming
"The average mortgage rate ranges from 3.2 to 4.1% in Texas, depending on the mortgage company you choose and your current credit score. Also, it may vary with the type and area of property you are looking at."
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