Are you on a rocky financial boat and wondering how to get out of debt in Texas? Are you seriously thinking about filing bankruptcy? If yes, then wait a minute. Don’t be disheartened since there’s still a way to save your financial boat. And that is debt settlement.
This is basically the process to eliminate your unsecured debts through one-time payment towards the outstanding balance in exchange for the forgiveness of the remaining amount.
* Any amount saved above 600 is taxable
* Credit score will drop as you’re not paying the full amount.
If you’ve what it takes to negotiates with creditors, then DIY debt settlement is the best option. But if you can’t, then it’s a better to get a company and settle your balance. It isn’t tough to get a list of Texas debt settlement companies from the Internet. But what’s hard is to find the best one.
Wondering how to find the best settlement company in Texas? Don’t know what to do now? Well, you don’t have to go anywhere for a solution. Just call at our TOLL FREE Number (800)-530-OVLG and you’ll get your answer.
Debt collection calls
Doesn’t charge upfront fees
Will give you in writing
Won’t create a pressure for it
Will analyze first, then offer a solution
It will help to reduce
Charge upfront fees
Give you verbal promise
Create pressure and charge fees
Will give a solution without analyzing finances
It’ll claim that calls will stop
Statute of limitations
The statute of limitations period in Texas is for 4 years. This means that collection agencies can sue you for the 4 year old delinquent debts.
Debt collection practices
The Texas debt collection laws are quite similar to the federal laws. The laws protect consumers by restricting the powers of collection agencies. These are:
There is a big reason to consult Texas debt settlement attorneys and that is their profound knowledge on state laws. The other reasons are given below:
Texas State Attorney General Address
Main Number: (512) 463-2185
Fax Number: (512) 473-8301
300 W. 15th Street, 9th Floor
PO Box 12548
Austin, TX 78711-2548
You can get information at (512) 463-1722 or at firstname.lastname@example.org.
Last Updated on: 30 Aug 2016