Q: Can probate do this to me?
Probate cash approved me for $30,000 with payments of $1,500 monthly. They haven't honored their part..They only deposited $5000.00 the first month and nothing since.. They're saying they won't release the remainder of my loan until I win my case. And that wasn't the agreement.
A:
"Probate Cash" is a trade name for a Florida lending institution that makes what it calls "Inheritance loans" to heirs when estates are tied up in the probate process.
You should first thoroughly read, and make sure you understand, your lending documents.
If you do not understand the lending documents, you should schedule an appointment with a Florida attorney to help explain those documents to you, along with any relevant provisions of Florida law which might impact this lender.
This is most likely a question that can best be answered by an attorney who practices in the area of consumer law, not probate law. The probate issues are ancillary or peripheral to the actual loan transaction.
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