Loan Default Legal Consequences

Summary

Defaulting on a loan can lead to serious legal actions such as freezing bank accounts, placing liens on property, and contacting employers. It is important to understand your rights and the legal procedures in your state. Consulting with a local attorney can provide personalized advice and help you navigate the situation.

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I have this loan with money mart and it is pass due it never went to collections but to a lawyer now he is thearting me to freeze my bank accounts put a lean on my house call my employers
Hello ****, I am sorry to hear about your situation. Before I provide further guidance, could you please tell me in which location (city, state) you reside? This is to ensure the information is relevant to your jurisdiction.