Texas Post Judgment Interest
Texas post Judgment Interest rates are now variable Texas post judgment interest rates used to be fixed at 10%. Interest that accrues on judgments after they are awarded has been changed by a recent act of the legislature. To stay on top of these rates, go here. Also, post-judgment interest compounds annually. Don’t forget that when […]
Directors and Officers Can Be Liable for Corporate Debt
Officers and Directors can be liable for corporate debt under the Texas Tax Code. Officers and directors liability is often overlooked by collections lawyers in Texas. Everyone knows that a corporation is a good shield for liability. Collecting debt in Texas can be tough. Normally, officers and directors are not liable for the judgment. However, whenever […]
Employees Who Steal Are in Trouble
Injunction lawyers in Texas can be creative. Recently we represented a manufacturing client that employed a couple of sales people who were very entrepreneurial. They were so entrepreneurial that they decided to copy the product manufactured by the client and to sell the product on the side, even using a web site of similar design […]
Sometimes You Can Take Their House
Collecting divorce judgments in Texas has become something of a hobby for us. In many cases one party is awarded money to equalize the Propeerty between the divorcing parties. In one of our cases the Court entered a Final Decree of Divorce dissolving our client’s marriage to the debtor and dividing the Marital Estate. In […]
You Really Cannot Hide
It’s fun being a Texas Collections lawyer. Periodically we are faced with debtors that don’t care to be the subject of a lawsuit. Recently we were attempting to serve a corporate debtor that owned a health care facility in North Dallas. They had taken substantial steps to make the usual process of serving a lawsuit […]
Filing Bankruptcy Will Not Stop the Eviction
Lawyers in Texas who represent Landlords cannot be afraid of bankruptcy court. Tenants are often confused by the fact that the mere filing of a bankruptcy won’t stop the eviction for very long. This is especially true if the Tenant continues to fail to make timely payments of rent. One such tenant rented a house […]
Can You Get Arrested in Florida?
Can a Texas collections lawyer have you arrested in Florida? Recently we obtained a judgment against a gentleman that moved to Florida. We then proceeded to give him the usual treatment. Interrogatories, Requests for Production and then a Deposition notice. He refused to answer any of the discovery and so we obtained an order compelling […]
Of Debts-and Jerry Jones’ Airplane
More proof collecting debt in Dallas can be fun. A client in California had obtained a judgment using another law firm about 11 years ago. Judgments are only good for 10 years and then they become dormant for two years before they are no longer valid. So after we were hired to work on this […]
This Is Why You File Liens
A Texas Construction Lien Lawyer can literally save a business. Very often a new construction client will come to see us and have a terrible problem collecting debts. Inevitably we discover that they have been very lax in filing liens. The lien laws in Texas are very friendly to contractors, if those contractors follow the […]
Settle Our Garnishment? Um, No.
Texas Lawyers that combine writs of garnishment with foreign judgments will usually be more successful. Foreign judgments (judgments issued by courts in other states and then given to us to domesticate in Texas) are interesting work for us. That’s because the debtor is usually caught unaware once we start the process of domesticating the judgment. […]