Legal Question in Credit and Debt Law in Michigan
Education Loans
Is it legal for lenders of student loans to call you at your place of work and ask you for money and also threaten to take it directly out of your bank account?
Asked on 9/19/07, 11:50 am
1 Answer from Attorneys
Renee Walsh
LawRefs Nonprofit
Re: Education Loans
It is illegal to misrepresent the legal status of a legal action being taken or threatened or the legal rights of the creditor. It is furthermore illegal to misrepresent that the nonpayment will result in garnishment. You can get damages and attorney fees. If you would like me to assist you in this matter more formally, please contact me at [email protected] / www.lawrefs.com.
Answered on 9/20/07, 5:15 pm
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