Unless you are a customer of the bank, Houston bank First Bank in Houston refuses to break a $100.00 bill into smaller bills. My son experienced this recently when he needed to pay someone in exact cash and only had a $100.00 bill.
What are banks thinking?  I could understand if it was a check, but [...]

NO!  Despite what a bill collector may tell you.  You will not be arrested or placed in jail for non-payment of a debt.  If a debt collector tells you that you can be, contact a lawyer immediately as that bill collector has violated the Fair Debt Collection Practices Act (FDCPA).

Yes, if a judgment has been obtained.  The judgment creditor can request the court to issue a garnishment writ.  The judgment creditor can garnish your bank accounts, savings accounts and any non-exempt personal property of  yours held by a third party.  While wages may not be garnishable in Texas, your wages lose their character of wages [...]

The answer is yes.  Under the federal Fair Credit Report Act (FCRA), a credit bureau may furnish a credit report on a consumer in connection with the collection of a debt.

Pamela Stewart, a Houston/Victoria (Texas) consumer bankruptcy lawyer spoke recently about bankruptcy at The People’s Law School sponsored by The University of Houston Law Center  – Center for Consumer Law.
Highlights of the session included discussion of the different chapters of bankruptcy, who is eligible to file a Chapter 7 or Chapter 13 bankruptcy, the meeting of creditors that all [...]

A friend recently showed me his Chase savings account statement revealing Chase paid him a measly $0.62 interest for the month when he had over $80,000.00 in the account!  Yet Chase is charging this same customer 27.44% on his Chase credit card!
To add insult to injury, my friend called Chase and asked for an interest rate reduction on his credit card.  [...]

Credit freezes are one of the most effective tools against ID theft available to consumers.  A credit freeze allows you to seal your credit report and it can only be thawed if you use a PIN (personal identification number) that only you know so that a legitimate application for credit and/or services can be processed.  It is an [...]

The Texas Attorney General recently charged a Houston-based credit repair firm with violating the Texas Deceptive Trade Practices Act (DTPA).  The action filed by the Texas AG’s office names Jubilee Financial Solutions LP, also known as The Credit Card Solution, Jubilee Financial Management LLC, and the companies’ owner, Robert Mitcell Lindsey.
The defendants claimed their “debt invalidation” [...]

Most clients come to see me not because they don’t want to pay their bills but because the bill collectors won’t quit calling them.  If they qualify, I advise them to file a Chapter 7 bankruptcy for two primary reasons.  First, the filing of the case imposes an automatic stay which stays any creditor from collecting [...]

A recent client advised me he actually went to the J.C. Penny’s store to make a partial payment on his account ($50.00).  The employee in Customer Service refused to take the payment because it was not the minimum payment.  What was the employee thinking?!  As crazy as it may sound, creditors are not required to accept a payment unless [...]