However, insurers may weight small charges differently than. Creditors don't want to hire a debt collection agency. But if it seems like you're not going to pay, they will. The creditor will sell your debt to a collection agency for less than its face value, and the collection agency will attempt to collect all of the debt from you.
If you have a debt, act quickly, preferably before sending it to a collection agency. Contact your creditor, explain your situation, and try to create a payment plan. Usually, creditors will help you get up to speed. Violators of the Texas Debt Collection Act are subject to criminal and civil penalties.
If you think you've been harassed or deceived, you can even seek injunctive relief and damages against debt collectors. If possible, send your letter of claim by certified mail (with an acknowledgment of receipt) so you know that the collector officially received it. The collector then has 30 days to determine if the disputed item is correct or not. Whether the item in dispute is correct. The debt collector can continue collection activities.
If the item in dispute is incorrect. The debt collector must notify anyone who has already received a report containing the wrong item. If, after 30 days, the debt collector has been unable to determine if the item is correct or not, you should make the change you requested and notify anyone who has received a report containing the incorrect item. In Texas, if your residence has been declared family property, it cannot be taken to pay off a debt, except for debts incurred to purchase the home (that is, if a debt collector threatens to keep your house or garnish your salary), you may be the victim of a debt collection scam. File a complaint with us right away.
If you are being the subject of harassing, abusive or fraudulent debt collection tactics by professional debt collectors and want to stop contacting you, notify the debt collector in writing. Keep a copy of your letter and send the original to the debt collector by certified mail.