Legal Question in Credit and Debt Law in Texas
Payday Loan
I defaulted on a payday loan. Can criminal charges be filed against me? Can they seize any of my assets?
Asked on 1/26/06, 3:45 pm
1 Answer from Attorneys
Peter Bradie
Bradie, Bradie & Bradie
Re: Payday Loan
They can't file criminal charges against you, but they can sue you for the money you owe, get a judgment against you, and do whatever they legally can do to collect upon that judgment.
Answered on 1/26/06, 3:57 pm