Archived
What if I get past due on my title loan, my car is picked up and sold for more then I owe on my title loan am I entitled to any
Daniel's answer
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Answered on November 18, 2014
Under the Uniform Commercial Code, the secured party (title loan company) must account to the debtor for any surplus.
Archived
What do collection attorneys/agencies charge? Flat fee or percentage?
Daniel's answer
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Answered on November 18, 2014
If you have banking information go to the clerk's office and they will show you how to issue a citation or garnishment to the bank at minimal cost.
Archived
What are Illinois licencing requirements for line of credit?
Daniel's answer
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Answered on November 15, 2014
Consult an attorney. The answer depends on such matters as whether you regularly lend money, whether the borrower is an individual or an entity,...
How do I file an answer when I was never served/received a summons?
Daniel's answer
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Answered on November 14, 2014
Generally, if the court file shows you have been served and you have not been, you should file a motion to quash service.
With respect to the...
Archived
I took out a payday loan in wisconsin 4 years ago. If I didn't pay it back, can I be arrested? I've been threatened.
Daniel's answer
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Answered on November 13, 2014
You cannot be arrested. This is a scam.
Archived
(a) Are internet payday loans subject to state usury laws; (b) especially in the state that the borrower resides in?
Daniel's answer
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Answered on November 13, 2014
Contact the state Attorney General or financial institutions regulator, or consult a local consumer lawyer. Most states that prohibit or license...
Archived
I need someone to help me with harrasing e-mail from payday loans that I not owed NOTHING, 3 years ago I did had ,but pay them a
Daniel's answer
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Answered on November 13, 2014
If these are internet loans, check with the Illinois Department of Financial and Professional Regulation as to whether they are licensed. Loans...
Archived
I can't afford to fix the car that I currently own anymore. I still owe money on it, should I surrender the car to the creditor?
Daniel's answer
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Answered on November 13, 2014
If you can sell the car yourself, you are better off doing so than allowing the secured party to sell it. The secured party is entitled to the...
Archived
What can happen to my spouse if he junks his car, but it has a lien on it from a title loan?
Daniel's answer
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Answered on November 13, 2014
The lender is entitled to the proceeds of the sale.
You should notify the lender in advance of the facts related.
Archived
I have a creditor that used my expired credit card 4 times to withdraw payments for a service I cancelled with them! Any suggest
Daniel's answer
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Answered on November 13, 2014
Dispute in writing with credit card issuer. Act promptly, as you generally have 2 billing cycles to challenge charges. Consult a consumer lawyer.
