Apr 22, 2018 · Do I Need a Lawyer for help with a Payday Loan Dispute? Payday loans can be helpful to borrowers who need a loan in a short amount of time. However, such loans often carry certain risks and may be limited by state laws. You may need to hire a qualified financial lawyers if you need help or advice regarding a payday loan. Your attorney can help inform you of your …
Oct 14, 2011 · Start with a phone call (if you haven't done it already) letting them know that you did not take out the loan; if that does not work, send them a letter reiterating that you did not take it out, asking for the evidence they claim to have, and explaining that you will take legal action if necessary if they are pursuing you for a debt you do not ...
Sep 15, 2017 · A few states like North Carolina have passed state laws that limit what the holder of a debt can do. Before you file a suit against the pay day loan company, you need to seek the advice of an attorney experienced in the handling FDCPA claims to determine of the company that is collecting is a 3rd party collector or if there is a NJ law that ...
Jan 25, 2017 · You can: Contact a lawyer referral service in your area and ask for an attorney with experience in consumer law, debt collection defense, or the Fair Debt Collection Practices Act (FDCPA).; You may be able to find lawyer referrals in your area by checking the American Bar Association website or your state bar association.; Low income consumers may qualify for …
I received a call from some legal service stating that I will be arrested at my job or my place of residence if I do not pay a loan that I received. How can they do that when I have never received any such loan? Plus, to my understanding, you need direct deposit at your bank in order to receive a payday loan of any kind.
Inform the legal service that you never took out this loan; if they don't back down at that point, ask them to send you whatever documentation or evidence they claim to have showing that you did take out the loan, so you can review it and show them that it was not you; let them know that if they continue to pursue you for a loan which is not yours, you will take all appropriate legal action, which may include seeking to press charges for harassment or extortion.
In addition to the other answers, I can't help but wonder if the payday lender is violating your rights. Keep in mind there are powerful federal laws that govern the conduct of debt collectors and creditors, and you could be entitled to recovery if they violate the law while trying to get you to pay.
You can attempt to sue a payday loan company but many of these companies operate online and are physically in places located outside of the United States so it may practically be very difficult to serve one of these companies with a lawsuit.
As my colleague noted, yes you can sue. The real question is would you win?#N#Just to cover a part of the question not addressed by the other lawyers, no, you would not have a good claim under Federal law just because the amount claimed to be owed changes if the amounts are always higher with each newer letter. If the...
The answer to the "can I sue" question is always yes. However, if you sue and do not have a valid claim, the defendant can give you notice under rule 11 asserting that your claim is a frivolous one. If you refuse to dismiss the case, and the court determines that your claim was frivolous, you will owe money to the defendant...
The simplest and most cost effective solution, depending on the rest of your financial situation would be to file Chapter 7 Bankruptcy. Chapter 7 Bankruptcy is not simply filling out forms. Trying to handle this matter yourself is not wise.
it really depends on what you signed, it is amazing a civilized society tolerates these outfits but they function and so it goes. a lawyer would need to review whatever you signed and your payment history. it's also possible that you can only initiate an arbitration against them if there was an arb clause in their paperwork.
The estate planning lawyer specializes in wills and trusts, and can help you to draw up a will to pass on your assets. Among other estate planning legal services, this type of lawyer can help you set up a trust which will help take care of your children’s financial needs.
Also known as an IP attorney, an intellectual property lawyer can advise you with regard to issues relating to intellectual property, such as copyrights, trademarks, patents, industrial design and trade secrets.
Employment Lawyer. Whether you’re a company that’s having a problem with an employee, or an individual who’s having problems with the company you work for, an employment lawyer can generally provide advice about legal issues which arise from an employment contract or within an employment relationship.
A corporate lawyer will be able to help you with issues related to the formation of your corporation, general corporate governance issues and corporate compliance issues.
If you’ve been injured while on the job, or have had to face the death of a loved one as a result of a workplace accident or occupational disease, a lawyer who specializes in workers compensation law can help you navigate the issues you face, such as the extent of the employer’s fault and the amount of benefits to which you are entitled.
Doctors do occasionally make mistakes, and if you’re facing the consequences of a medical mistake such as a medical misdiagnosis or inaccurate treatment, a lawyer who specializes in medical malpractice issues can be particular helpful.
The Social Security Disability system can be a particularly complex system in which to navigate. An attorney who specializes in Social Security Disability issues can help you with any step in the Social Security Disability process, including assisting you with eligibility issues, launching an appeal of a decision to deny you benefits and dealing with the reduction or termination of your benefits.
Consider alternatives before opting for a short-term loan: 1 Local resources. Government agencies, nonprofits and local charities often offer free financial services and help with food, utilities and rent for those in need. 2 Payment extensions. Talk with your bill providers about a longer payment plan or extension on your due date if you're behind on payments.
Some states, like Oregon, place practically no restrictions on payday loans, while other states ban them entirely. The regulations of your state have a huge effect on what lenders can charge. As a borrower, it’s important for you to be aware of these regulations and to make sure your loan has the right terms and fees dictated by law.
The Consumer Financial Protection Bureau (CFPB) no longer requires lenders to consider your ability to repay a loan. This could put you at risk of getting caught in a cycle of debt. Carefully review your finances and the loan cost to make sure it fits your budget.
Alternatives if payday loans are illegal in your state. Installment loans. These are for similar amounts but are repaid over a longer term, usually 12 to 24 months. Auto title loans. These loans involve borrowing money against your car’s title in return for financing.
Auto title loans. These loans involve borrowing money against your car’s title in return for financing. Some states consider auto title loans the same as payday loans and ban them, so check your local laws.
The Annual Percentage Rate, or APR, is one of the main costs you need to consider with a payday loan. In most states that regulate payday loans, you’ll find the APR is restricted. Otherwise, a lender may be able to charge as much as it wants. Make sure you know the total cost of a loan before you borrow.
Payday loans are meant to last until your next payday. This means that a typical loan term will be two to four weeks, and many states have minimum and maximum terms. The length of your loan has a huge impact on the amount of interest you’ll end up paying.
Auto financing describes the process of obtaining a financial loan to purchase a car or another type of vehicle. Some think of auto financing a vehicle as only the full purchase of a vehicle; however, auto financing also applies to the leasing of a vehicle. Auto financing is often managed through a car dealership, auto finance companies, ...
Also, obtaining a car loan is important to many people, as the ability to own and drive a car can affect many aspects of life, including work, family visits, recreation, and other uses. Thus, borrowers and lenders may often be quicker to identify points of dispute in the lending process. Listed below are some examples of common legal disputes ...