Legal Question in Credit and Debt Law in Texas

Unpaid Credit Card Debt Since 1993

Out of the clear blue sky, I get a notice

that I owe$3,956 and that the new acquisition and managment company who purchased the old company intends on sending me a judgement within 30 days.

They said the last payment was made on Sept 2, 1993.

The debt is $2000 and the interest is $2000. I asked why no-one has bothered to try and collect this since 1993 and they said it's just been on a shelf and now they are collecting. I am worried now b/c if my husband finds out, it will be bad news for me!!! I've tried to research this and I think their is a statue of limitations of 6 years meaning this debt should be cancelled and they legally cannot collect from me. BUT, if this is the case, why are they threatening me. I asked the man for the original application and proof of statments ( I can't remember back to 1993) and he refuses. PLEASE PLEASE answer this question BEFORE July 21. Thanks....


Asked on 7/18/01, 4:19 pm

1 Answer from Attorneys
Donovan Hutchins Mason, Coplen, Shuchart, Hutchins & Banks, P.C.

Re: Unpaid Credit Card Debt Since 1993

Call me, Don Hutchins 713-785-5595. THERE IS A SIX YEAR STATUTE OF LIMITATIONS ON CREDIT CARD DEBT IN TEXAS. THE SIX YEARS BEGINS RUNNING ON THE DATE OF DEFAULT, AND THE FACTS OF THE CASE DETERMINE WHEN THE DEFAULT DATE IS.

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Answered on 7/18/01, 6:38 pm


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