Answers level
Debt Problems

Can I be sued by payday and installment loan compa

Can I be sued by payday and installment loan companies if i receive disability?

Asked on Mon, 08/29/2011 - 23:28
anonymous
2 Answers

Vote up!
1
Vote down!
-1

If you have defaulted on a payday or an installment loan, then you can be sued. But you'll not get arrested for it. If the lenders win judgment, they will try to garnish your bank account. However, the lenders will not able to garnish your disability benefits.  Are these lenders legal?

Answered on Tue, 08/30/2011 - 10:11
nandydiana

Vote up!
2
Vote down!
-1

Yup...anyone can be sued. However your disability income would be exempt.

How to Deal with Illegal Loans..OhioGal's Primer
http://www.debtconsolidationcare.com/paydayloan/dealingwith-illegallenders.html
PDL's are ILLEGAL in the following states...
AR, AZ, CT, GA, ME, MD, MA, NJ, NY, NC, PA, VT AND DC
OH AND NH have very restrictive low cost interest rate laws.

SOL for all states
http://www.debtconsolidationcare.com/statute-of-limitation.html
Answered on Tue, 08/30/2011 - 02:24
SOAPLADY

Write Your Answer

CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
What is the sum of 15 and 3


About Us | Contact Us | Privacy Policy

Copyright © 2018 DebtConsolidationCare | 301 W. 11th Street Unit E, Reno, NV, 89503, United States
Inter Next Technologies, Inc., Internet Marketing Services, Reno, NV

* Disclosures:

  • By signing up for counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
  • Some creditors and collection agencies refuse to lower the pay off amount, interest rate, and fees owed by the consumer.
  • Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
  • Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
  • The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.

Page loaded in 0.808 seconds.