Debt Collection, Garnishment, and Reposession
This section provides good guides and publications on the following subjects:
Debt Collection: The process that creditors use to try and get funds they feel is owed to them by debtors.
Garnishment: When a creditor gets a court order to take funds directly from income (ex: work paycheck) to get back funds owed to them by a debtor.
Repossession: The act of taking back a piece of property that was used as collateral by a debtor to borrow funds from a creditor.
Click this link for information on Student Loans including what happens if your payments are late, how you can avoid a default, and how Bankruptcy law affects Student Loans. Read More
- Texas RioGrande Legal Aid