Legal Question in Credit and Debt Law in Texas
Debt Collection
Dear legal,
I loaned monies which amount to $6500. It has been several years now and all eforts to collect have been ignored. The debtor has a significant inheratance. He has recieved amounts exceding what he owes me. How can I capture my money without incurring major legal fees. Can fees be charged to the debtor? Can I start it on my own? Is there a phone number for a brief discussion of the facts ?
Thank you in advance for your timely response.
Regards,
1 Answer from Attorneys
Re: Debt Collection
You are going to have to hire a lawyer to try to collect on your behalf. Suit on a debt allows for attorney fees as part of the judgment.
While getting a judgment may be fairly straightforward, collecting against an individual in Texas is quite difficult; Texas is a debtor's haven.
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