Texas Law: Senior Citizens and Credit Card Debt

Debt Protections for Texas Seniors

Texas law provides several safeguards for all consumers, with additional exemptions that particularly benefit senior citizens facing credit card debt.

General Debt Collection Rules

• Creditors cannot harass or threaten (e.g., repeated calls, threatening letters).
• Wage garnishment requires a court order.
• Property seizure requires a court order.
• Written notice must precede legal action.

Key Exemptions for Seniors

• Homestead Exemption: Protects the primary residence from forced sale (up to a generous value limit).
• Personal Property Exemption: Shields personal belongings up to a certain value.
• Vehicle Exemption: Protects one motor vehicle per licensed household member.

Bankruptcy Options

• Chapter 7: Liquidates non-exempt assets to pay creditors; many seniors keep exempt property.
• Chapter 13: Repayment plan over 3–5 years, allowing debtors to retain assets.

Consult a qualified attorney to evaluate your specific situation.