Legal Question in Credit and Debt Law in Illinois
Payday loan
I have a few outstanding payday loans that I cannot pay back. Will they go thru the collections or will they immediately garnish my wages? I did sign an ''agree to garnish wages'' form when I obtained the loans. One is over $1000 and 3 others are under $500.
Thank You
Asked on 11/13/03, 5:13 pm
1 Answer from Attorneys
Mary McDonagh
McDonagh-Faherty Law Offices
Re: Payday loan
The contract rules. They can do either.
Answered on 11/13/03, 7:40 pm