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What is a Creditor Lawsuit in Texas?

Aged debt may eventually become a creditor lawsuit in Texas

When unpaid debt ages, a creditor may file a lawsuit in  Texas to collect on the unpaid amount.  Texas statute of limitations to collect on a debt is 4 years from the last charge or payment to the creditor.  Generally, a creditor lawsuit will be filed within 2 years of the unpaid debt to avoid the collectability of debt expiring.


What are Bankruptcy Exemptions?

Federal and State Bankruptcy Exemptions. Bankruptcy Exemptions are the statutes that govern what is protected or “exempt” from your creditors.  The assets that are exempt

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