Legal Question in Credit and Debt Law in California

debt consolidation

I started debt consolidation in may of this year, one o the creditors decided not to continue with the arrangement although they recieved monthly payments of about half of the original amount due. If i restart the oiginal payments can they sue? The account is still active and open.


Asked on 10/26/00, 1:41 pm

1 Answer from Attorneys
Ken Koury Kenneth P. Koury, Esq.

Re: debt consolidation

More detailed information is needed regarding your exact arrangement for debt consolidation. If they entered into a binding agreement with you whereby they agreed to the consolidation details, then they must it to the deals long as you are not in default.

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Answered on 11/28/00, 4:34 am


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