Legal Question in Consumer Law in Pennsylvania

personal unsecured loan

I have defaulted on a personal loan and before it went to an atty I tried to make some type of payment and they would send it back, Now the atty is requestinf payment in full and changed it to a settlement. I cannot afford it right now What are my options?


Asked on 11/15/08, 9:51 pm

1 Answer from Attorneys

Re: personal unsecured loan

There are way too many factors to address your question. You need to consult an attorney. Be careful with debt counselors, as many companies were actually set up by ex-credit card/big business people. They just try to get you an arrangement to re-pay all debt, INCLUDING all the inflated fees and penalties (notice the new bankruptcy law does the same thing, to protect the finance whoresd that just brought you the current financial crisis because of their bottomless greed).

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Answered on 11/17/08, 9:09 am


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