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You will find rules in position to guard debtors. Within the continuing State of Texas, you will find strict statutes of restrictions for pursuing or gathering a financial obligation. Even though the Federal Debt Collection methods Act (FDCPA) had been founded by federal lawmakers to safeguard debtors, the Texas commercial collection agency Act is Texas’ form of the FDCPA. Their state legislation covers the topics that are same the FDCPA since they both prohibit those people who are gathering debts from making use of any abusive, fraudulent, or deceptive tactics while attempting to gather debts. Continue reading “What’s the Statute of Limitations on Debt in Texas?”