In Oklahoma, small loan companies are usually covered by the "Deferred Deposit Lending Act." Lenders are supposed to follow the provisions of the FDCPA. What you've described above would be illegal under the FDCPA. Lenders are supervised by the Oklahoma Department of Consumer Credit. You should file a complaint against the lender with the ODCC. I've added the link to their complaint form below.
This sounds like a complicated issue. You may have a cause of action against the CPA (and possibly his wife) for fraud. If the business is now defunct, then there is no chance to recover the money from the business. You should seek an attorney competent in business litigation. Although it doesn't look like Oklahoma County offers one, The Tulsa County Bar Association has an excellent referral service. See link below.
Find an attorney that specializes in debt collection defense in your area. If you live in a larger city, you may be able to find one on NACA.net. If it is a debt buyer lawsuit, they are easily defeated once an attorney becomes involved.
I sue debt collectors that don't follow the law. www.ParamountLaw.net.
The other attorneys answering here are correct. If the credit card company (or debt collector they buys the debt from them) were to sue you and obtain an judgment against you, then, and only then, would they have the ability to TRY to garnish your bank account on put a lien on your house.
However, if all of the money in your bank account is social security income, the bank will deny the garnishment as social security...
You can file a charge with the EEOC against your employer for hostile work environment. You can read instructions on how to do this here: http://www.eeoc.gov/employees/charge.cfm
If you have medical problems, you may be able to ask your employer for "reasonable accommodations" under the ADA. More information on this here: http://askjan.org/Eeguide/
I sue debt collectors that break the law. www.ParamountLaw.net
There is not enough information here for me to know when the stature of limitations has ran. However, if they are using 3rd party debt collectors to collect, then you have many rights under the FDCPA, which actually may entitle you to damages.
Also, you should be aware that there are many scam artists that target people who have taken out pay day loans in the past. Some of these scam artists may have no connection to the...
Paramount Law sues debt collectors that don't follow Oklahoma Debt Collection Laws! www.paramountlaw.net
If you can show prove that you were never served (which is difficult to do), then you should be able to get the underlying judgment vacated. Depending on how service was may, you may documents showing that you were living someplace else at the time of service. Provided that the underlying judgment is active, and registered in Oklahoma, they may legally garnish your wages and bank...
We sue debt collectors who break the law. www.ParamountLaw.com
Get a recording! In Oklahoma you do not have to tell the other party you are recording them. Calling to try to collect an old debt passed the statute of limitations is most likely OK. However, if they hint that litigation is a possibility, or that it could be sent to an attorney, then this statement would be ILLEGAL (because litigation is NOT a possibility), and would entitle you to damages of up to $1,000 under the FDCPA,...
We sue debt collectors that break the law. www.ParamountLaw.net
Most legitimate debt collectors will not tell you that they are going to file a lawsuit against you. It is in fact illegal fir them to tell you this if they have no intention (or ability) to actually file suit. We can help you with your rights. Please feel free to call us about the FDCPA.