I recently lost my job and can’t afford the monthly payments on my loan. The finance company says they’ve filed a case and issued a warrant. What should I do?

Apni Law
Apni Law
Law Forum › Category: Banking / Finance › I recently lost my job and can’t afford the monthly payments on my loan. The finance company says they’ve filed a case and issued a warrant. What should I do?
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Apni Law Staff asked 1 year ago

I recently lost my job and can’t afford the monthly payments on my loan. The finance company says they’ve filed a case and issued a warrant. What should I do?

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Best Answer

Apni Law Staff answered 1 year ago

Contact the finance company immediately and explain your situation. Request a restructuring of the loan or a temporary suspension of payments. If the company refuses and you’re unable to make payments, you can approach a court and explain your financial hardship.

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