Legal Question in Credit and Debt Law in Texas

Re: Collections

Although you have made tremendous strides in reducing this debt, as long as there remains an outstanding balance on the account, and it is not current, the creditor can threaten to sue. It does not mean he will prevail (although he might).

The generally accepted train of thought is that the statute of limitations is tolled by payments made on the account.

There is a minority opinion, with some legal credence, that holds that once the debt matures, the statute begins to run, and activity on the debt does not restart the statute.