Legal Question in Credit and Debt Law in Missouri

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

Asked on 1/04/12, 2:43 pm

1 Answer from Attorneys

Anthony Smith LawSmith

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.

Good luck

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Answered on 1/04/12, 4:57 pm

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