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sure, why not?

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βˆ™ 14y ago
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Q: Can you sue to recover a personal loan?
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Suing someone if they failed to pay for a personal loan that was in my name?

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.


Can you sue for money owed from a personal loan?

Sure, hopefully you have a signed promissory note as evidence of the loan. If not, its your word against the defendant.


Can you sue to reclaim a personal loan?

Sure, why not? You can sue for any reason. However, you need some sort of proof if you would like to actually win...


Can you sue for an unpaid loan after 4years?

Definitely, you can sue for unpaid loan. Please ensure that you have documents that support you loan and the receiver of loan.


What happens if you default on an unsecured personal 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.


Can you sue the borrower if they defaulted on loan if im the cosignor?

Yes, you can sue the borrower and receive a judgment if they defaulted on the loan. They can also sue the cosigner.


Can a cosigner on your college loan sue you?

Yes, if you defaulted on the loan.


Can a payday loan company sue for an unpaid loan?

Yes


Will the bank sue you if you foreclose on your home loan?

Yes, the bank will sue you if you default on your home loan and place your house in foreclosure.


Can you file a lawsuit to recover payment of a personal loan without legal representation?

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.


How do you get personal loan for defaulters?

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.


Can father-in-law sue his son-in-law if a personal loan was for son-in-law and his daughter?

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.