Repo law & leins in Texas

Nov 21st, 2008, 01:21 PM

Where can you find the laws relating to repossessions and liens in Texas?

sandra · Nov 21st, 2008, 02:04 PM

41.024 - Sale of Excess. An officer holding an execution sale of property of a judgment debtor whose homestead had been designated under this chapter may sell the excess of the judgment debtor's interest in land not included in the homestead.

A lien can be placed against most property, with the exception of that which is held in "entirety". Texas has an unlimited Homestead Exemption, except for the land itself. An urban residence can be no larger than 10 acres, and rural homestead 200 acres for a family residence, 100 acres for a single owner. Even though a lien could be placed on the property. A forced sale of said property would not be possible. To find out all the exemptions allowable under Texas law, search "Texas Bankruptcy Exemptions" they are applicable to BK filings and lawsuit judgments.

Texas Legislature Online

Nov 21st, 2008, 01:21 PM	#1
Unregistered Posts: n/a	Repo law & leins in Texas Where can you find the laws relating to repossessions and liens in Texas?

Nov 21st, 2008, 02:04 PM	#2
sandra Top Level Member Last Online: Dec 17th, 2008 04:30 AM Join Date: Nov 2006 Posts: 151	Re: Repo law & leins in Texas 41.024 - Sale of Excess. An officer holding an execution sale of property of a judgment debtor whose homestead had been designated under this chapter may sell the excess of the judgment debtor's interest in land not included in the homestead. A lien can be placed against most property, with the exception of that which is held in "entirety". Texas has an unlimited Homestead Exemption, except for the land itself. An urban residence can be no larger than 10 acres, and rural homestead 200 acres for a family residence, 100 acres for a single owner. Even though a lien could be placed on the property. A forced sale of said property would not be possible. To find out all the exemptions allowable under Texas law, search "Texas Bankruptcy Exemptions" they are applicable to BK filings and lawsuit judgments. Texas Legislature Online __________________ I'm not a lawyer. The information I gave is based on certain research. Please review the information yourself to make an informed decision. Also, the information I posted may no longer be accurate.

Thread Tools	Search this Thread
Show Printable Version Email this Page	Search this Thread: Advanced Search
Display Modes	Rate This Thread
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode	Rate This Thread:

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Texas Adult Medicaid BAIT & SWITCH!!!	Postman	Government & Administrative Law	58	Jan 3rd, 2009 02:07 PM
UK PERSONAL INJURY LAW & WORKERS COMP LAW OF ONTARIO CANADA	eve	International Law Issues	0	Nov 27th, 2008 08:37 PM
leins on a house your trying to sell	amylen21@aol.com	Consumer Bankruptcy	0	Aug 28th, 2008 07:16 AM
Car Loan & Repo	kaiteywolf2	Miscellaneous Topics	3	Mar 20th, 2008 05:49 PM
Texas Law 5236d	mrschico	Landlord vs Tenant Issues	2	Mar 15th, 2008 12:39 PM