We searched the documents for many counties in main Florida and discovered around five legal actions during a time period of five to seven years. It made me wonder the thing that was unique about those five borrowers that motivated the payday lender to file suit. We have read that we now have payday loan providers in Ohio who actually sue often. I’m not observing this in Florida nor have actually We have you ever heard that it is a national problem.вЂќ
TheyвЂ™re hoping you wonвЂ™t show up if a payday lender takes you to court.
Damon Duncan, a lawyer with Duncan Law, offered us a comparable feeling of the dangers while additionally describing the way the litigation procedure might play out:
вЂњAbsolutely you are able to result in court for failure to cover a loan that is payday. IвЂ™m a board certified customer bankruptcy lawyer and can sporadically see people being sued for failure to cover these payday advances. It really is, nevertheless, unusual.