Legal Question in Credit and Debt Law in Texas
debt collection
my wife had a account that was charged off back 1998 in the sum of $6000.00 Just recently she got served papers from the local courts saying that a new collection agency is sueing her for 10,000.00 which includes 25.9% interest.Do we contact them and try to set up payments or does it have to go through court now that it has been filed in our local county court? If they place a judgement on her when and how does she pay it? We donot have 6000.00 or 10,000 to pay to anyone. Thanks for your help!
Asked on 1/19/03, 1:16 pm
1 Answer from Attorneys
Peter Bradie
Bradie, Bradie & Bradie
Re: debt collection
You have to answer the lawsuit. I'd also suggest you contact a lawyer to assist you, since you may just have the defense of limitations in your favor.
Answered on 1/19/03, 4:53 pm