No. The exception could be the terms of the contract, some states allow such loan companies to include a clause in the lending contract that they have a right to automatic withdrawal from a borrower's bank account if the borrower defaults on the agreement.
YES!
If the creditor sues the debtor in civil court and is awarded a judgment the judgment can be executed as a wage garnishment.
No. In the state of Texas a creditor cannot garnish your wages no matter how much is owed.
They only can provided that they are legal to operate in Ohio and that they have a judgement against you first. Payday lenders have tried to garnish wages by sending a garnishment notification to clients human resource departments but this is not legal. Only the federal government can garnish wages without a court order.
YES
YES!
If the creditor sues the debtor in civil court and is awarded a judgment the judgment can be executed as a wage garnishment.
No. In the state of Texas a creditor cannot garnish your wages no matter how much is owed.
if i signed a wage assignment at a payday loan company in illinois can they garnish my wages?
Can a payday loan company garnish my wages or levy my bank account, assuming they are successful in getting a judgment against me.
What do you mean "illegal"? If you signed a promissory note, and did not fulfill your end of the bargain, that individual or company can sue you. If you do not show up to defend yourself, they will get a default judgment and can garnish your wages.
They only can provided that they are legal to operate in Ohio and that they have a judgement against you first. Payday lenders have tried to garnish wages by sending a garnishment notification to clients human resource departments but this is not legal. Only the federal government can garnish wages without a court order.
Yes
YES
You bet they can, and they will.
Yes.
No, but your credit will be ruined and the loan company can garnish wages, take tax refunds, and get into your bank account.