Legal Question in Credit and Debt Law in Texas
unsecured credit loans
What recourse do creditors have when consumers become deliquent on unsecured credit loans such as credit cards?
Asked on 3/21/04, 11:15 pm
1 Answer from Attorneys
Peter Bradie
Bradie, Bradie & Bradie
Re: unsecured credit loans
A lawsuit on the debt, a judgment on your credit report, and trashed credit. If they can find a bank account, they can seize that account. Short of that, there's not much else they can do.
Answered on 3/22/04, 9:46 am
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