Judgment Legal Rights Lender 
Credit Corp
MAY 30, 2023
A judgment is an order issued by a judge or jury to settle a lawsuit. This decision details the rights, responsibilities, and obligations of each party. For example, if you fail to pay a debt, the lender can take you to court. In this case, the judge may order you to pay the other party as part of the court’s final judgment.
Debt Free Colorado
FEBRUARY 21, 2022
You have rights to help you gain control over your debt collection interactions. To learn more about pursuing your legal rights, contact your state’s local consumer agency. Because it is more limited than the federal FDCPA, the CFDCPA gives consumers stronger legal protection in several aspects.
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Troutman Sanders
OCTOBER 17, 2023
The trial court granted summary judgment to the defendant on all claims finding that because the defendant was not a consumer lender it was not required to obtain the license at issue. Instead, the offending conduct was misrepresenting “that it had the legal right to collect on the account when it lacked the proper license to do so.”
FFGN COLLECT NY
APRIL 6, 2021
While the underlying agreement or contract may seem straightforward, you need to do a thorough evaluation to make sure you aren’t waiving your legal rights by signing the contract. Such is the case with our client who is a borrower and now a named party in litigation with a merchant cash lender. Let us help.
Taurus Collect
NOVEMBER 15, 2023
This piece will serve as a guide to help you navigate the complexities of debt collection processes and understand your rights as a consumer. What Is a Collection Agency and How Does It Work A Collection Agency is a company hired by lenders to recover overdue funds from borrowers. They can’t harass debtors or act unfairly.
FFGN COLLECT NY
AUGUST 16, 2020
In addition to non-payment of the interest or principal owed, there are other ways to trigger repayment of the loan, This may include defaulting on other loan agreements with the lender, winding down business operations, litigation, and more. . There are plenty of situations where a lender may accept less than the amount owed.
Credit Corp
JULY 1, 2024
Once a collection account appears on your credit report, other lenders can see it. Collection agencies may contact you frequently, but you have certain legal rights related to debt collection. Otherwise, the creditor may get a default judgment against you before you even have a chance to tell the judge your side of the story.
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