Tex. Fin. Code § 394.215 · Subchapter C. CONSUMER DEBT MANAGEMENT SERVICES
PRIVATE REMEDIES.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) An agreement for debt management services between a consumer and a person that is not registered under this subchapter is void.
(b) A consumer is entitled to recover all fees paid by the consumer under a void agreement, costs, and reasonable attorney's fees.
(c) In addition to any other remedies provided by this subchapter, a consumer who is aggrieved by a violation of this subchapter, a rule adopted by the finance commission under this subchapter, or by any unfair, unconscionable, or deceptive act or practice may recover:
(1) actual damages;
(2) punitive damages for acts or practices under a void agreement; and
(3) the costs of the action, including reasonable attorney's fees based on the amount of time involved.
(d) An aggrieved consumer may sue for injunctive and other appropriate equitable relief to stop a person from violating this subchapter.
(e) The remedies provided in this section are not intended to be the exclusive remedies available to a consumer nor must the consumer exhaust any administrative remedies provided under this subchapter or any other applicable law.
Notes and commentary — not statutory text
History
Added by Acts 2005, 79th Leg., Ch. 336 (S.B. 1112), Sec. 1, eff. September 1, 2005.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/FI/htm/FI.394.htm
- Text hash
- sha256 f69d9a82db78486ed130d1f1ba0704e6d7b7a68a4afb45335e9f4df594dfcd0e
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.