Legal Question in Credit and Debt Law in Pennsylvania

Civil suit - defaulted loan

I have been sent a civil action notice for a defaulted personal loan. The loan was to pay off a leased vehicle that I voluntarily gave up for repossession. Due to DUI, loss of income, I began to faulter on the loan.I began being harrassed by a lawyer.Asked for lowered payment, etc. I gave up altogether. I can't afford a lawyer. Should I go to the hearing unrepresented? If I don't, or do, what can I expect to happen?


Asked on 8/23/00, 6:04 pm

1 Answer from Attorneys
Gerald Hershenson Law Office of Gerald M. Hershenson

Re: Civil suit - defaulted loan

If you can not afford an attorney I suggest you contact the Legal Aid Society that may be located in your county. You still have some liability if the value of the car is less than the amount of that remained outstanding on your obligation. You can go to the hearing and attempt to negotiate an amount that you can afford to pay, but you probably will suffer a loss unless you are represented by legal counsel. In that event you might have to file for bankruptcy. If you threaten that possibility the creditor may want to settle with you or face the result of losing everything.

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Answered on 9/29/00, 9:40 am


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