I received a call from a firm today saying a payday loan cialis buy on line company was filing a law suit against me. I have tried to give them something in the past but since I could not give them what they want they will not work with me and now this. What should I do and do I need to seek legal help. I stay in SC.
Can I Payday Loan File A Lawsuit Against Me?
2 Responses to “Can I Payday Loan File A Lawsuit Against Me?”
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If you owe the money, they can sue you and will win. They are under no obligation to accept payments that do not conform to whatever agreement you entered into with them.
Do you live near a law school in SC? If you do, call and find out if they have a law clinic that could provide you with an attorney (they’re typically low cost or free). Otherwise, you can contact the SC Bar association and ask about attorneys who work on cases pro bono. They might be able to help you out.
Good luck
Payday Loans are nothing short of legalized loan sharking. The Interest rates are unbelievable and should be an avenue of last resort for an unforeseen emergency. Payday loans are issued with the entire principle and interest due on your next payday. If you failed to meet that contractual obligation, they have every right to seek damages through the court system. Most of these places however will usually allow you to pay a new loan origination fee and the interest due and write a new loan so long as you are still employed and reasonably able to repay the note. The fact that you say that they are not willing to work with you tells me that either you don’t have the income to secure a new loan, or you offered them a payment that did not meet the interest and loan origination fees or you allowed the note to fall into a default status before seeking an alternative solution with them. My guess is that if you are using Payday Loans that you can’t afford legal representation to try to fight this either. Depending on your specific debt situation, you may want to consider talking to a bankruptcy lawyer and seek protection under the bankruptcy laws of your state. Good luck!