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Laws & Resources => REGIONAL BOARDS => State Laws => Texas and Oklahoma => Topic started by: BuriedandHopeless on August 13, 2011 11:59:43 PM

Title: Texas homestead act and student loans
Post by: BuriedandHopeless on August 13, 2011 11:59:43 PM
Can anyone give some guidance?

Does the Texas Homestead Act provide protection from suit and seizure by collectors and the Dept. of Education of my primary residence in Texas?  I tried reading the law, which says 'federal' and specifically federal income tax, but does not mention student loans or the DOE.

Thanks!
Title: Re: Texas homestead act and student loans
Post by: aintgonnapay on March 18, 2017 05:44:21 PM
It sounds like you have federal student loans through the DOE -- and from what I have read, the federal government has the greatest powers in being able to seize property and secure garnishments against student loan defaulters.

My question: Are PRIVATE LOANS (Sallie Mae, Navient, etc) exempt? I think I have read that in Texas that private lenders can't seize property (houses) or secure wage garnishments. They can seize bank accounts, I guess, but there are ways around that (cashing checks at Walmart for example).