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Texas AG announces $620M collected by Bankruptcy and Collections Division during tenure

SOUTHEAST TEXAS RECORD

Saturday, December 21, 2024

Texas AG announces $620M collected by Bankruptcy and Collections Division during tenure

Attorneys & Judges
Paxton

Paxton

AUSTIN –Attorney General Paxton has announced that the Bankruptcy and Collections Division of the Office of the Texas Attorney General has collected a total of $51,573,667 for fiscal year 2022, outstripping its $50 million goal for that time period, a press release states. 

The goal was set by the Legislative Budget Board, which is a committee of the Texas Legislature that creates budget expectations for legislative appropriations and evaluates state operations.  

During Paxton’s time in office, the Bankruptcy and Collections Division has collected a grand total of $620.1 million, the press release states. 

The Division is responsible for recovering monies owed to the state by third parties, in the form of debts, judgments, taxes, fees, fines, penalties, loans, and other obligations.  

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