I just got served with a lawsuit (Texas) by a collection company on an old CC debt, what can they do to me?
I am concerned because some say they can garnish my wages; others say they can seize an asset, or two. However, I’ve also been told they can only put a lien on my home and nothing more. Could I go to jail? What can they legally do to me? Can they take my home or personal property? Or just mess my credit up more than it already is? And to boot, we offered to settle this debt with them 14-months ago, they refused to put anything in writing and we never heard from them again, until Friday; right before Christmas!