Can I be sued by payday and installment loan compa

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

2 Answers

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?


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

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