Can a Debt Collector Take My Home in Texas?

15 Oct Can a Debt Collector Take My Home in Texas?

NO!!! While some collectors will threaten to foreclose on your homestead, they cannot do so in Texas. (If you own rental property, they can.) Under Texas law, a homestead cannot be taken to pay a debt except for debts taken for the purchase of your home, for home improvements, for home equity loans or to pay certain taxes.

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Jay S. Fleischman is a bankruptcy lawyer with offices in Los Angeles and New York. He can often be found on Google+ and Twitter, where he shares information about consumer protection issues and personal finance.
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