Legal Question in Credit and Debt Law in Texas
Personal unsecured loan
Was unable to pay a personal loan. they sent an arbitration forum claim stating they need the money upfront. Stating they will get their money. What can happen to us? I dont have the money.
Asked on 6/22/08, 8:52 pm
1 Answer from Attorneys
Donald McLeaish
McLeaish&Associates;, P.C.
Re: Personal unsecured loan
call and give me more info..but you do not have to pay an arbitrator..and if they get a judgment, they can then try to collect..
Answered on 6/23/08, 5:26 am