what if they actually sue? I had a similar experience with one of my credit cards and the collection agency sued me and was order to appear in court. But i read all these are just threats to pay. I this true, what can they actually do? For all the people that needed to attend to court, only two of us showed up. What happens if we get sued and we dont' appear in court?
If you are sued and you do not respond to the lawsuit, the plaintiff gets a default judgment. Judgment allows the creditor to step up collection efforts such as: place liens on real estate property, wage garnishment (although in TX I believe wage garnishment is not an option), levy your bank accounts.