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Asked 1397 days ago by a user from Houston, TX
If a debt collector sues you and is granted a judgement against you, what are my consequences?
If someone has a judgment against you, they can begin collecting on that judgment. Although it is difficult to collect on a judgment in Texas due to the debtor friendly exemption laws, there are types of property that are not exempt such as bank accounts, non-homestead property, stocks, etc.
If you have been sued by a debt collector, you should make sure that they do not get a default judgment. You need to at least file an Answer to the suit, so that a default judgment is not granted. Most debt collectors file lawsuits hoping to get a default. If the debtor actually defends himself/herself in the suit, the debt collector usually will dismiss the suit or try and settle the case.