Credit Report Texas Laws
2010
Is a verbal promise to pay a collection agency binding in Texas?
I found out that I have 2 collections on my credit report. I stupidly contacted the collection agency and verbally promised to pay them before I did my research and learned that there were other options open to me. I still fully intend to pay the debt but I want to send a Pay For Delete letter so I can do my best to get this off my credit report. I’m wondering if that verbal promise to pay is binding in Texas. The following is the statute that I’ve found for Texas and I’m hoping that it means that verbal commitments are not binding in this case:
THE FOLLOWING STATUTE PROHIBITS “RE-AGING” OF SOL WITHOUT A WRITTEN CONTRACT
§ 16.065. Acknowledgment of Claim An acknowledgment of the justness of a claim that appears to be barred by limitations is not admissible in evidence to defeat the law of limitations if made after the time that the claim is due unless the acknowledgment is in writing and is signed by the party to be charged.
Thanks for any advice
You can always deny that any arrangement was ever made…without a written agreement or legal phone recording of the conversation, they can’t contest it.
Debt collectors trick people all the time with verbal promises that they have no intention of carrying out once that get your money….so don’t shed any tears for the collection agency.
Miroslav Vitous ~ Basic Laws pt 1 ♫
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