TEXAS INTEREST RATE - Legal: 18% with agreement can charge up to 6% w/o agreement - statutory interest of 6% begins to run 30th day after becoming due Judgment: 5% STATUTE OF LIMITATIONS (IN YEARS) - Open Acct.: 4 Written Contract: 4 Promissory Note: 6 Domestic Judgment: 10 (Renewable) Foreign Judgment: 10 (Renewable) BAD CHECK LAWS (CIVIL PENALTY) - N/A GENERAL GARNISHMENT EXEMPTIONS - 100% of Wages. Home on 1 acre of land in the city and 200 acres if it is in the country (outside city limits), 1 car. COLLECTION AGENCY BOND & LICENSE - Contact: Secretary of State Corporations Section P.O. Box 13697 Austin, TX 78711 1019 Brazos Austin, TX 78701 Phone: (512) 463-5555 * Always consult counsel to charge interest - Texas has very onerous usury laws & penalties. web: www.sos.state.tx.us/corp