Short answer
The amount and payment dates, what happens if a payment is late, the plaintiff's promise to dismiss with prejudice, how the account will be reported, and that the debt is resolved in full. Get it in writing before you pay.
Helpful next
Sources
- Texas Rules of Civil Procedure (Texas Judicial Branch)
- 15 U.S.C. § 1681c (how long items stay on credit reports) (Cornell LII)
Updated November 2026. General information about Texas law, not legal advice for your case. Laws and court rules change; we review these answers regularly.