Legal Question in Civil Litigation in Illinois
I borrowed money from a friend, signed a promissory note and have been making regular payments. They are now trying to sue me in court for a judgement. Can they do that if all payment are paid current and all in a timely manner?
Asked on 1/28/10, 3:39 pm
1 Answer from Attorneys
Nima Taradji
Taradji Law Offices
It depends on what your promissory note says. The complaint has to allege that you have been late on payments or are now in default--If you have never been late on payments and have paid exactly as written under the Note, then you should go in Court and defend yourself against the entry of a judgment based on the fact that have never been and are not now in default.
Answered on 2/03/10, 10:25 am