How can I prevent them from doing this?

Submitted by Anonymous (not verified) on Sat, 10/27/2012 - 10:02
Forums
Credit repair

I have 3 payday loans which are now in collections. Collection agency is threatening me to seize my property. I live in California. My pdl companies are as follows:
Sigma 200
YellowDale 240
Ameriloan 150
Can they do that? How can I prevent them from doing this?

evams (not verified)

Can collection/attorney restart judgement after 10 years? What steps do they have to take to do that?

Mon, 10/29/2012 - 15:11 Permalink
sallynachelle

All of your lenders are illegal. You are required to pay back them only the principal. Don’t pay them any interest or fees. Close down your bank account to stop unauthorized withdrawal. Don’t worry, illegal lenders can’t seize your property.

Tue, 10/30/2012 - 04:50 Permalink