I defaulted on my credit cards when the rates were raised (doubled to 30 %) and they now have sold the debts. (this in texas)
I have avoided answering the phone to them because I fear they will just get more aggressive. In latest phone message, the guy said he was ready to use Texas law.
I graduated from college and only just got a low paying job. If they seize my checking account I won't be able to make the rent next month. Will I know in advance?
I have a small inheritance of monthly gas royalties from another state. Should I see that? Will they be able to take it or the monthly payments?
One last question, if they call my new employer will it get me fired?

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Originally Posted by poorman42

I defaulted on my credit cards when the rates were raised (doubled to 30 %) and they now have sold the debts. (this in texas)
I have avoided answering the phone to them because I fear they will just get more aggressive. In latest phone message, the guy said he was ready to use texas law.
I graduated from college and only just got a low paying job. If they seize my checking account I wont be able to make the rent next month. Will I know in advance?
I have a small inheritance of monthly gas royalties from another state. Should I see that? Will they be able to take it or the monthly payments?
One last question, if they call my new employer will it get me fired?

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In order to lien against accounts they have to obtain a Judgment against you. You would be served with a Summons/Notice to Appear and also a copy of the Judgment if it's granted.

Yes, they can lien against the royalties in another State. The usual custom is to run an asset check or call you into Court or a legal office and obtain a financial statement of your holdings.

By Law they cannot contact your employer.

The worst thing you can do is to ignore a creditor. Your best bet is to try and work with them, not against them.

Texas does not permit garnishment of salary for unsecured debt, but other assets are attachable.