This is a very serious offense. This is governed by Texas Penal Code Sec. 32.32. The more common activities include falsely stating an inflated income on a mortgage application, or falsely increasing your income to obtain a loan. Either way, if the amount of credit granted as a result of a false statement is greater than $1,500, then the actor may be charged with a felony. Also, there may be federal charges in many cases.

• 05/07/2009 -- I want to force someone to pay me a debt. Can I make a letter that looks like a summons, but says it’s not in order to scare them into paying me? (0)
• 25/05/2009 -- I want to start a new business. In order to attract customers, can I call my business a “wholesaler” even though I sell to the public? (0)
• 01/01/2010 -- When can a judgment creditor take my home? (0)
• 01/01/2010 -- I have a judgment against me for a credit card debt. Can they take my house? (0)
• 25/12/2009 -- I’ve been charged with hindering a secured creditor? What is the punishment for hindering a secured creditor? (0)
• 25/12/2009 -- What is hindering a secured creditor? (0)
• 25/12/2009 -- Can a credit card company sue you in the state of Texas? (0)
• 13/07/2009 -- FBI releases 2008 Mortgage Fraud statistics (0)
• 30/06/2009 -- I’ve done all that and the collection agency is still harrassing me. What can I do? (0)
• 30/06/2009 -- Can I stop a debt collector from contacting me? (0)

consumer law, credit card lawsuit, criminal law, fraud

This entry was posted on Friday, December 25th, 2009 at 11:04 pm and is filed under Consumer & Credit, Criminal Defense, Real Estate Law. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.