What is the process of collection for a company that provided a personal loan? Just curious about what all is involved and approximately how long it would take (and the factors that would affect it). Thanks!
What is the process of collection for a company that provided a personal loan? Just curious about what all is involved and approximately how long it would take (and the factors that would affect it). Thanks!
If they have a judgment against you and you don't pay it, they can ask the court to allow them to utilize collection tools such as garnishment and execution.