Is there a maximum interest rate for personal to company loan, and company to personal loan in Illinois? Thanks!
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Answered on April 16, 2021
There is no limit on loans made for business purposes. Loans for personal, family or household purposes had and continue to have a maximum rate of...
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My mom passed we voluntarily surrendered her car. She is the only one on the loan ? Do we owe the deficiency?
Daniel's answer
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Answered on April 13, 2021
Only mother's estate (if any) is liable. Children are not liable for mother's debts. Any attempt by a third party debt collector to suggest that...
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How do I get the debt collectors and bills to stop
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Answered on April 11, 2021
Have a consumer lawyer review the letters and calls to see if they violate the law. It should not cost you anything to consult (at least that is...
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I just heard I am going to be served with legal papers regardinga checking account from 15 yearsago?
Daniel's answer
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Answered on April 09, 2021
There are many scam calls of this nature. Any such debt is likely beyond the statute of limitations. Provide no information or money. See if you...
What can I do about this fraudulent account that was opened without my knowledge?
Daniel's answer
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Answered on April 08, 2021
If you have not suffered any harm and no one is trying to collect money from you that you do not owe, there is unlikely to be any legal claim.
Can a debt collector get payments in their name if they don't own the debt?
Daniel's answer
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Answered on April 08, 2021
A collector can get payments in its name even if it does not own the debt. You can contact the clinic and find out if they authorized the...
Can a debt collector in another state ask you to pay in their name to another company in another state in their name?
Daniel's answer
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Answered on April 07, 2021
Consult an attorney who practices in the area. Whether the unnamed debt collector is legitimate is probably known to such an attorney. The...
Why were we misled when co signing a student loan from Wells Fargo with variable interest rate that goes down so slowly when ?
Daniel's answer
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Answered on April 07, 2021
The suspension of interest applied to federal loans. It sounds like you have a private one.
You need to have a consumer lawyer check the rate...
Which type of lawyer do I need to help with credit discrepancies?
Daniel's answer
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Answered on April 07, 2021
A consumer lawyer. They will need your credit reports (3) from bureaus themselves and all correspondence, along with a statement of what is...
I just found out I am being sued but I was never served, the case is on "status call" (contract) so what are my options?
Daniel's answer
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Answered on April 07, 2021
Check the docket. If it shows that the plaintiff is CLAIMING that you were served you need to take action; otherwise not. If you have to appear...
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