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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.

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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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