Lockhart, Morris & Montgomery in Texas

Lockhart, Morris & Montgomery has an active $10,000 surety bond on file with the Texas Secretary of State (SoS File 20150116), last checked October 5, 2026. Texas does not issue a collection license; that bond is what Texas Finance Code Chapter 392 requires of a third-party debt collector before it collects consumer debts.

The public CFPB Consumer Complaint Database records 2,122 debt-collection complaints referencing Lockhart, Morris & Montgomery, as of October 7, 2026. This counts debt-collection complaints only, all years, not every complaint the Bureau holds about the company; the profile links the same search on the live CFPB database; a complaint is a record, not a verdict, and the CFPB says its database is not a statistical sample of consumers’ experiences.

Yes, by its own account. Its website says: "We can valuate your portfolio of non-performing receivables then make a fair market offer for an immediate one-time purchase. Additionally, we may engage in an agreement to purchase future receivables at a set rate at certain intervals over a predetermined period, thereby allowing for immediate and predictable cash flow." It is listed here because third-party collection is its primary business; the purchasing activity is noted for transparency, and the methodology sets out how this directory treats debt purchasing. Its own published wording was read September 3, 2026.