Sure, hopefully you have a signed promissory note as evidence of the loan. If not, its your word against the defendant.
Sure, why not? You can sue for any reason. However, you need some sort of proof if you would like to actually win...
Definitely, you can sue for unpaid loan. Please ensure that you have documents that support you loan and the receiver of loan.
An unsecured loan will usually have a provision written into the contract to recover the money you have borrowed. It could be recovering the money from your employer or even a legal pursuit.
Yes, you can sue the borrower and receive a judgment if they defaulted on the loan. They can also sue the cosigner.
It will be easy to sue them if you had it in writing that they were responsible for the loan. If not, it will be difficult to prove since the loan is in your name.
Sure, hopefully you have a signed promissory note as evidence of the loan. If not, its your word against the defendant.
Sure, why not? You can sue for any reason. However, you need some sort of proof if you would like to actually win...
Definitely, you can sue for unpaid loan. Please ensure that you have documents that support you loan and the receiver of loan.
An unsecured loan will usually have a provision written into the contract to recover the money you have borrowed. It could be recovering the money from your employer or even a legal pursuit.
Yes, you can sue the borrower and receive a judgment if they defaulted on the loan. They can also sue the cosigner.
Yes, if you defaulted on the loan.
Yes
Yes, the bank will sue you if you default on your home loan and place your house in foreclosure.
You can sue anyone without an attorney. You just have to make sure you do all of things that the court requires. Small claims court may be a better way to go depending on the amount of the debt and the limit of small claims amounts in your state.
It may be necessary to put up collateral of similar value to the loan.Then if the loan in not repaid the lender can seize and auction the collateral to try to recover the loss.This is why car loans and home mortgages are relatively easy to get, the car or home purchased with the loan is the collateral for the loan. But an ordinary personal loan does not automatically have collateral like those loans do, so it is harder to get if your credit is very bad.
yes he can. he can have the right to sue his son if the son has had something he was doing that was wrong! and steeling money from him would be wrong. You may not want to try it.