i got a loan about 3 months ago from a loan company i lost my job the next month i haven't been able to make my payments now they are calling me and saying they are filing charges on me. can they do that and what are the charges
1 Answer from Attorneys
agree little criminal charges for failure to pay a private debt. What they were probably referring to was a civil law suit for the outstanding debt. It might be described as a sit on account, or a suit on an account or note. You may have some defenses that you can assert. Therefore, if you get arrived with a summons and petition, you should consult directly with legal counsel in your area.