QUESTION
I'm being sued by a financial institution
Asked on Dec 21st, 2017 on Debtor and Creditor - Florida
More details to this question:
I was paying this high interest loan off for about 8 years until I got ill and stop paying in January of this year. I only get $866 from Social Security. How do I approach this law suit?
1 ANSWER
Consumer Debt Collector Harassment & Abuse Attorney serving Tampa, FL
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Tischhauser Law Group
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You may want to file bankruptcy or hire a BK lawyer to review your assests and you may be "judgment proof" if you are on SS, depending on your assets. Otherwise, if you have substantial assets, you will need to hire a lawyer to address this lawsuit and do damage control to aovid a ludgement being entered if possible.
Answered on Dec 27th, 2017 at 6:44 AM