It's not simple but it is possible, assuming that there is substantiating evidence. Some of the reasons a creditor can be sued are, fraud, breach of contract, antitrust violations, bait and switch, infliction of emotional distress (extremely hard to validate), and so forth. The type of lawsuit that all creditors dread is a class action lawsuit.
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Related Questions
Can creditor sue you if you live in another state?
Yes
Can a collection agency sue you?
If a collection agency has either purchased the debt from the original creditor, or obtained an assignment of it from the original creditor (to collect on its behalf), generally, it can sue for collection.
How long after a repossession can a creditor sue you?
A creditor can try to collect forever but it's usually not worth the cost of involving the courts.
Can you sue a creditor for not updateing my credit report after a payment was received?
Creditors update credit reports on their schedule, some update every month, others update every other or every third month. If you are in a hurry, contact the credit bureaus and have them contact the creditor themselves. You can sue a creditor, but you have to try contacting the creditor first (via mail), then file a complaint with the FTC, then contact the credit bureaus. If the account still hasn't been updated, you can go ahead and sue the creditor.
Can you be sued by the original creditor if the debt is now owned by a debt buyer?
No they can not sue you.
Can a junk debt collection lawyer sue using original creditor as plaintiff?
no
What is the statute of limitations for a creditor to sue for a dept in the state of Florida?
4 years
Can a lien for an unsecured loan be filed against a law suit?
A creditor can sue in court to obtain a lien against a debtor for an unsecured loan. If successful in the lawsuit, the creditor can request a judgment lien that can be used to take the debtor's property to pay the amount due.A creditor can sue in court to obtain a lien against a debtor for an unsecured loan. If successful in the lawsuit, the creditor can request a judgment lien that can be used to take the debtor's property to pay the amount due.A creditor can sue in court to obtain a lien against a debtor for an unsecured loan. If successful in the lawsuit, the creditor can request a judgment lien that can be used to take the debtor's property to pay the amount due.A creditor can sue in court to obtain a lien against a debtor for an unsecured loan. If successful in the lawsuit, the creditor can request a judgment lien that can be used to take the debtor's property to pay the amount due.
Can a tenant sue a landlord who is in bankruptcy?
Yes, if the tenant is not included in the Bankruptcy creditor list
If you choose to stop paying a creditor what is the liklyhood they will sue?
Somewhere between 99.9999% and 100%
Can you sue a creditor for taking money out of your account without your consent?
You can't if you owe the creditors
Can a lien be placed on an investment property in fl owned by a person who has not paid off a promissary note?
Yes. The creditor must sue the debtor in court and if they are successful they can request a judgment lien. The lien can be recorded in the land records.Yes. The creditor must sue the debtor in court and if they are successful they can request a judgment lien. The lien can be recorded in the land records.Yes. The creditor must sue the debtor in court and if they are successful they can request a judgment lien. The lien can be recorded in the land records.Yes. The creditor must sue the debtor in court and if they are successful they can request a judgment lien. The lien can be recorded in the land records.
When a creditor sue you can they get your own car?
It's possible that you may have to give up your vehicle as collateral, although the creditor would more likely have you wages garnished.
Can a creditor sue you for a deficiency balance in the State of Oregon?
Yes. The lender can sue you also for fees, costs, and penalties incurred in the attempt to recover the debt.
What law allows a borrower to sue a creditor or credit bureau that verifies incorrect data about his or her credit history?
The "Truth in Lending and Consumer Leasing Acts" allow borrowers to sue a creditor or credit bureau that verifies incorrect data about his or her credit history.
Can a creditor levy your bank account and how?
A creditor can only levy your bank account by getting a judgment against you. To do that, they must sue you. And they must win in court. If you are sued by a creditor, be sure to show up for court to prevent this from happening.
Can a creditor sue you for a deficiency balance?
Yes.. always it's in the fine print on the documents you signed.
What happens to second mortgage in foreclosure?
After the foreclosure of the first mortgage the second mortgage is wiped out as an encumbrance against the property but remains an unpaid debt against the mortgagor. The creditor can sue in civil court.After the foreclosure of the first mortgage the second mortgage is wiped out as an encumbrance against the property but remains an unpaid debt against the mortgagor. The creditor can sue in civil court.After the foreclosure of the first mortgage the second mortgage is wiped out as an encumbrance against the property but remains an unpaid debt against the mortgagor. The creditor can sue in civil court.After the foreclosure of the first mortgage the second mortgage is wiped out as an encumbrance against the property but remains an unpaid debt against the mortgagor. The creditor can sue in civil court.
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 creditor sue you if you only have social security benefits?
Yes they can sue you,but they can,t take your social securty,if you have very little asset,s,you could be judgement proof.
What is the statute of limitations for a creditor to sue for a debt in the state of Colorado?
http://www.expertlaw.com/library/limitations_by_state/Colorado.html
Can a creditor keep harasing you if you are making payments on time?
can they? yes. Should they? No. Will they?.....probably. Can you sue them for it?.....if you have the money for it, maybe
Dose the creditor have to be in the same state as you to be sued?
NO ... in fact the company does not even have to be in the same country in order for you to sue them ...
In Nevada can a creditor garnish Social Security Disability if they sue you?
No. SSD and SS benefits of all types are 100% exempt from creditor attachment. They are protected by federal and state exemptions/laws.
Can a creditor sue you if you are receiving workmans compensation disability?
Yes, if you owe money the creditor is entitled to go after you for it. A court will decide how much you have/can afford to pay each week. Or you can go bankrupt.
