Similar Stories to Unpaid Debt In Texas And Beyond on Bing News

Dana Guthrie, Houston Chronicle, Houston Chronicle: Local
Wed, 07/30/2014 - 2:55pm

States in the south have higher rates of past-due debts, and Texas is among the worst, according to a new study conducted by the nonprofit Urban Institute, which examines social and economic policy.

Topics: texas urban institute debt

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How to Deal With Debt Collection
1. Verify the debt. You have the right to demand debt validation and debt verification letters; use it. You should receive a validation letter from the debt collector within five days of first ...
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Debt Collection FAQs | Consumer Advice
Debt doesn’t usually go away, but debt collectors do have a limited amount of time to sue you to collect on a debt. This time period is called the “statute of limitations,” and it usually starts when you miss a payment on a debt. After the statute of limitations runs out, your unpaid debt is considered “time-barred.”
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How To Get Out of Debt | Consumer Advice
extend your repayment period to lower your monthly payments. Before you agree to a new payment plan, find out about any extra fees or other consequences. If you can’t work out a plan with your lender, contact a non-profit housing counseling organization. Reach a free, HUD-certified counselor at 800-569-4287.
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Sued for Debt? Here’s What to Expect
Your obligation to pay time-barred debt remains, however, and the unpaid debt will continue to hurt your credit. Don’t delay. You generally have 20 to 30 days from when you get served to file a ...
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When Will a Debt Collector Sue Me for Unpaid Debt?
For debts with no credit agreement, such as unpaid medical bills, the creditor or debt collector can usually file a debt collection lawsuit as soon as the first missed payment. But because of the expense of filing a lawsuit, creditors and debt collectors will usually try other ways to collect the debt from you before deciding to sue you.
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