Can a lein be placed on your home in the state of Texas for Student Loan Debt?
Sep 24th, 2008 by admin
Can a student loan debt collecter put a lein on a person’s house in the state of TX?
If the loan goes into default can the lein be placed?
No. In Texas, a homestead cannot be taken to pay a debt, including defaulted student loans, except for debts taken for the purchase of the home, for home improvements, for home equity loans, or to pay certain taxes.
Wages may be garnished, however, to pay for, among other things, defaulted student loans.