Legal Question in Credit and Debt Law in Illinois
Payday Loan Company wage Assignment
I signed a wage assignment with a online payday Company. They have been harrassing sent my Payroll a digital copy of Wage Asignement I sined . I did want to payback fees very high didnt know at time so far paid back $ 334.74 on a laon with fees of $621.00. The origal Loan $400.00. The Loan Payback is killing me can I stop Wage Assignment or will I be sued?
Asked on 12/17/07, 4:53 pm
1 Answer from Attorneys
Joseph Michelotti
Michelotti & Associates, Ltd.
Re: Payday Loan Company wage Assignment
Stop the wage assignment. You will probably be sued, however it will be a while before they get to this. You may have defenses based on the paperwork.
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Answered on 12/18/07, 11:32 pm