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A question re: "Delaware Law"

Date: Fri, 08/07/2009 - 13:06

Submitted by ftwalker
on Fri, 08/07/2009 - 13:06

Posts: 16 Credits: [Donate]

Total Replies: 14


Okay, so things are going along reasonably well... Magnum Cash settled quickly on the principal only :D , my "legal" ipdl sent a "send what you can, when you can" letter :shock: , a couple of others are ignoring me completely (fine by me), and one is ignoring my e-mails but is leaving a voicemail every day (filed the complaints because of that).
Now for the problem child: Eastside Lenders.
I thought that they would be working to settle, by the tone of their first e-mail. When I questioned the amount due by using the "principal minus payments" as being what I morally owe, they jumped back to the "located in Delaware, licensed by Delaware,... governed by Delaware Law" crap.
Since I live in Ohio, is there anything I can cite in rebuttal without sounding childish (Well, I live in Ohio! Nyah Nyah!) or flippant?
A nice Federal Code with regards to interstate commerce would be nice to slap them with :twisted:

Thanks in advance!


but the pdl co didnt pertend to be in my state either and the claus is there. i just didnt read it beofre cause i wnated the money but now i has pd 450 on a 300 loan and they say 390 to finsh paying and i agred to delaware law - they neverr said they was in florida, always delaware. i just hope i can make payments.


lrhall41

Submitted by on Mon, 08/10/2009 - 08:33

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you owe nothing on this loan.your state laws prevail.you have overpaid in fact,and should get the 150.00 back.the clause is worthless.


lrhall41

Submitted by paulmergel on Mon, 08/10/2009 - 08:36

( Posts: 15514 | Credits: )


I received one voice mail from them at work. Never returned the call. They never sent me an e-mail/or letter either. Guess they are getting "snowed" with all these illegal loans, and they'll catch up with me.


lrhall41

Submitted by aubrey on Mon, 08/10/2009 - 10:35

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