Legal Question in Business Law in Texas
defaault loan purchase of furniture
i purchased on credit $7000.00 worth of items. i have paid approx 600.00 and no longer can afford it. what legal action can the store take against me if i fail to return products and do not make any payments either. they call and harrass me stating they are coming out to my jobsite.
Asked on 11/28/05, 1:04 pm
1 Answer from Attorneys
Peter Bradie
Bradie, Bradie & Bradie
Re: defaault loan purchase of furniture
They can sue you. They can get a constable to enter your dwelling and seize the furniture. They can get a deficiency judgment against you for the unpaid balance, costs of court, and attorney fees, plus both pre- and post-judgment interest.
Answered on 11/28/05, 2:14 pm
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