Philly Finance is a company located in Philadelphia, MS that specializes in making small loans to consumers who don’t qualify for loans from banks.
They make both secured and unsecured loans.
What Happens If I Don’t Repay My Loan to Philly Finance?
If you don’t repay your loan to Philly Finance or default on a loan, they can sue you and possibly garnish your wages.
If you are behind on the payments or on the late fees, then that loan is considered as “in default”.
Sometimes Philly Finance also makes loans with collateral. And if you default on such loans, they can take possession of the collateral.
Is Philly Finance Legit?
Philly Finance is a legit company and their loans are enforceable in court.
Can Philly Finance Be Included in Bankruptcy?
Yes, Philly Finance can be included in a consumer bankruptcy case and you can eliminate the loans owed to them.
If you are unable to repay your loan, our Jackson, MS bankruptcy lawyer at Rollins Law Firm can help you!
Contact us now for a free consultation.