My question involves collection proceedings in the State of: Texas
I had an auto loan and a signature loan at the same credit union. The auto was reposessed and the signature loan was automatically sent into default because I had the auto reposessed. This happenned in July 2006. The lawyer representing the credit union filed a lawsuit in October of 2006 to collect approximately $8500 for the deficient balance on the auto and approximately $8000 for the signature loan. When he filed the suit they were not able to serve me papers because I moved. In April 2008 the case went to a hearing to try or dismiss because of the aging of the lawsuit. The plantiffs attorney showed up to the hearing and the judge reset it for trial in July 2008.
My question pertains to advice on what to do now. Should I call to try and settle this or is the attorney likely not to settle and just move forward with the lawsuit?
I know what can happen if he gets a judgement. My home is protected and personal property up to $60,000 (married). I just don't want to hide from a creditor with a judgement on me for 10 years and possibly more. Do collectors frequently go after bank accounts in Texas?
Any help is appreciated. I'm trying to decide what to do before trial in July.

