Legal Question in Business Law in Georgia
personal loans
i went to make a partional payment on my loan payment and was told that since i was a month behind that they couldnt take it. Is that legal?
Asked on 4/16/09, 7:37 pm
1 Answer from Attorneys
Scott Riddle
Law Office of Scott B. Riddle, LLC
Re: personal loans
Just as "legal" as you trying to make a payment for less than the amount you promised to pay. It is a sign that they have declared you in default and are going to take further action to collect (or foreclose or repossess).
Answered on 4/16/09, 7:39 pm
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