Rey v. Acosta

OPINION

LARSEN, Justice.

This case requires us to decide whether the provisions of Tex.PROF.Code Ann. § 51.-002(d) (Vernon Supp.1993) apply retroactively. That statute requires that written notice of intent, with a 20-day period for debtors to cure default, precede acceleration of a note on residential real estate. We hold the provisions of Section 51.002(d) are retroactive as they are procedural, do not affect substantive rights, and are remedial in purpose. We therefore reverse the judgment of the trial court and remand for further proceedings.

FACTS

Benjamin and Elvia Rey bought land in El…