Texas Collection Agencies
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One way to recover more from your delinquent accounts is to hire Texas collection agencies. Texas collection agencies can locate debtors and collect the money owed to your business, practice or facility. If used early, Texas collection agencies can often recover a meaningful portion of your unpaid accounts.
In addition to increasing your chances of actually getting paid, using a Texas collection agency can save you a lot time and money � two of your most valuable resources. With their custom-designed debt collection systems, computers and software, a Texas collection agency can be more effective in recovering delinquent accounts than you can, after more than 60-90 days have passed.
Although most Texas collection agencies can charge between 30 to 50 percent of what they recover, you still end up with more than you probably could have collected on your own. There are also Texas collection agency services that charge a low flat fee instead of a higher percentage. Collection coverage in these: Abilene, Amarillo, Arlington, Austin, Beaumont, Brownsville, Corpus Christi, Dallas, El Paso, Fort Worth, Garland, Grand Prairie, Houston, Irving, Laredo, Lubbock, Mesquite, Pasadena, Plano, San Antonio and other Texas cities.
Texas Collection Laws
The following is a summary of the Texas Collection Laws. The information here may not be 100% accurate and should not to be construed as legal advise. We make no warranty, express or implied concerning any information contained on this Texas Collection Laws page, and we assume no liability for its use.
- Texas Collection Laws Interest Rate
Legal: 6% with agreement can charge up to 18%. w/o agreement - statutory interest of 6% begins to run 30th day after becoming due
Judgment: 10% - Texas Collection Laws Statute Of Limitations (Years)
Open account: 4
Written Contract: 4
Domestic Judgment: 10 (Renewable)
Foreign Judgment: 10 (Renewable)
- Texas Collection Laws Bad Check Laws (NSF) (Civil Penalty)
N/A - Texas Collection Laws General Garnishment Exemptions
100% of Wages
- Texas Collection Laws Collection Agency Bond & Licensing Rules
Bond: Yes
License: No
Fee: No
We hope that this information on Texas Collection Agencies assists you in finding a Texas collection agency and researching Texas collection laws.
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