Minnesota | Credit and Debt Law
11/11/09, 10:23 am
Legal Question
I have an unsecured loan with Household Beneficial in the amount of $11,000 with a huge interest rate of about 23%. This is robbery and I have just recently refused to stop making payments. They refuse to work me to lower the interest, but a credit counseling service is able to negotiate a lower interest rate. Can they legally sue me to garnish my wages? Or am I better off to file bankruptcy?
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11/16/09, 10:38 am
Legal Answer
I should review your entire debt picture to advise, but if HH Bene is unsecured, we can usually hammer them down on balance.
Call or email for consultation.
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Mahoney Anderson LLC P.O. Box 44504 Eden Prairie, MN 55344
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