Legal Question in Credit and Debt Law in Texas

Citation

I received a summons for a personal note that I am in default on. I have been making the interest payments but have not paid the principal back. The response time on the summons is next week. I will be able to pay off the note in 3 weeks but the lender will not give me more time. I don't have a dispute on the claim. Do I need to respond to the summons? If I don't respond what happens? When I can pay off the note in 3 weeks, who do I contact? Will anything show up on my credit report if I pay it off in 3 weeks? Do I need to get the lender to sign a release? Thanks in advance.


Asked on 6/02/06, 6:07 pm

2 Answers from Attorneys
TC Langford Langford Law Office

Re: Citation

I agree with Mr. Bradie.

Additionally, I expect the attorney for the plaintiff will work out a payment for you since it will be only 3 weeks. If not, appear in court on the court date, and ask the judge for a continuance.

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Answered on 6/05/06, 12:55 pm
Peter Bradie Bradie, Bradie & Bradie

Re: Citation

Yes, you have to respond. If you fail to respond they will take a default judgment against you for principal, interest, court costs, and attorney fees. Make a written answer denying the claim, send a copy to the attorney as well, and then call to arrange a payout.

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Answered on 6/02/06, 6:38 pm


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