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Yes. If you fail to pay a loan the lender can sue you in court and if successful it can obtain a judgment lien against you.
Wiki User
∙ 8y ago
Wiki User
∙ 8y agoYes. They can sue you and if they win they can request a judgment lien. They can use that judgment lien to seize any property you own to satisfy the debt.
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Can a payday loan company sue for an unpaid loan?
Yes
Can you sue for an unpaid loan after 4years?
Definitely, you can sue for unpaid loan. Please ensure that you have documents that support you loan and the receiver of loan.
Can a payday loan center sue for unpaid loans in Utah?
Yes, they can. Often they will. At that point the collection of the debt is largely out of your hands.
Can you be sued by your credit card company for not paying your bill?
Yes, the agreement includes their ability to sue you for unpaid bills.
Can an online payday loan company take you to court for nonpayment in Texas?
Yes. A payday loan company may sue a borrower in Texas in order to get their money back.
Can a payday loan company sue for an unpaid loan?
Yes
Can you sue for an unpaid loan after 4years?
Definitely, you can sue for unpaid loan. Please ensure that you have documents that support you loan and the receiver of loan.
Can you sue a relative for unpaid loan?
Yes, you can sue a relative for an unpaid loan. It is advisable to consult with a legal professional to understand the process and implications of taking legal action against a family member. It is also important to consider the impact it may have on your relationship.
Can a creditor sue you if they have already repossessed the vehicles used to secure the loan?
Yes, they can sue you in the event that the vehicles are not in good enough condition to be equal to the value of the unpaid loan.
Can a payday loan company sue you for an unpaid loan if you leave the country?
Yes, a payday loan company can still pursue legal action against you, even if you leave the country. They may hire a debt collection agency to attempt to collect the unpaid debt or sue you in absentia. It's important to address any outstanding debts to avoid legal consequences.
Can a payday loan company sue for unpaid loans in Colorado?
Yes. Anyone may bring a civil lawsuit for any reason, however, the validity of that lawsuit is closely scrutinized by the court. If one does not pay a loan back, the lender may eventually choose to sue as the final step in the collections process.
Can a payday loan center sue for unpaid loans in Utah?
Yes, they can. Often they will. At that point the collection of the debt is largely out of your hands.
Can a dealer collect on repo unpaid balance?
Yes - if the car loan was with the dealer, the dealer can sue the debtor for the balance of the car loan after the car is sold to someone else.
What to do if Being sued for unpaid car loan in pa?
Call the loan company and try to work with them. Next step is you loose the car.
Can you be sued by your credit card company for not paying your bill?
Yes, the agreement includes their ability to sue you for unpaid bills.
What are the legal implications for a long unpaid loan?
An unpaid loan can have serious legal implications. Not only will an unpaid loan ruin credit scores but the business can put the loan into collections or place a judgement against the customer.
I am a Canadian and I loaned money to another Canadian while we were going to school in California. Their family owns ppty in Canada. Can I sue for the unpaid loan?
In most cases unless the contract specifies what court has jurisdiction over the contract the location isn't important. If you could sue for the same loan if you had made it in Canada, you can probably sue in Canada.
