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  1. #1
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    so it sounds like all these lawsuits are only if the deal defaults .is that correct ?

  2. #2
    A forum user Reputation points: 2147483647 Sean Cash's Avatar
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    Quote Originally Posted by Michael I View Post
    so it sounds like all these lawsuits are only if the deal defaults .is that correct ?
    damages are essential to a lawsuit.

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    Quote Originally Posted by sean bash View Post
    damages are essential to a lawsuit.
    Well said.

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    Quote Originally Posted by sean bash View Post
    damages are essential to a lawsuit.
    is the damages when they lose the principal or even just the interest ?

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    Quote Originally Posted by Michael I View Post
    is the damages when they lose the principal or even just the interest ?
    Anything less than full compliance with the terms of the contract would be considered "damage".

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    Quote Originally Posted by CreditGuy View Post
    Anything less than full compliance with the terms of the contract would be considered "damage".
    credit , i am asking on all the current lawsuits that are out there now . i just jaywalked today in front of a cop he did not give me a ticket even though its illegal

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    Quote Originally Posted by Michael I View Post
    credit , i am asking on all the current lawsuits that are out there now . i just jaywalked today in front of a cop he did not give me a ticket even though its illegal
    I don't have to be privy to the details of the various suits to understand the law. We've already established pretty early on in this thread that you are a ethically devoid dullard. Let's not add pedant to your list of adjectives.

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    Quote Originally Posted by CreditGuy View Post
    I don't have to be privy to the details of the various suits to understand the law. We've already established pretty early on in this thread that you are a ethically devoid dullard. Let's not add pedant to your list of adjectives.
    what exactly happened in your life to make you so miserable . i feel bad for people like you . do not be embarrassed to get professional help

  9. #9
    Senior Member Reputation points: 32550 Funder Mark's Avatar
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    Quote Originally Posted by Michael I View Post
    so it sounds like all these lawsuits are only if the deal defaults .is that correct ?
    What about id as a result of additional advances, the original funder is forced to lower the payments? Would that be considered tortious interference?

  10. #10
    Veteran Reputation points: 159120 J.Celifarco's Avatar
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    Quote Originally Posted by Funder Mark View Post
    What about id as a result of additional advances, the original funder is forced to lower the payments? Would that be considered tortious interference?
    I think this would also fall under it as well

    Quote Originally Posted by Funder Mark View Post
    Exactly my point. 'Enough' and 'Might' will not stop anyone. It would have to be public, from companies that openly sue, and then people will be scared off. It would have to be really obvious to really stop the stacking.
    definitely wont happen over night but I think these first cases and their outcomes will decide what happens moving forward.. If they get thrown out then the wild west shall continue. If there are damages depending on how severe will determine how other banks react.. Time will tell and until then we wait and see
    John Celifarco
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    Horizon Funding Group

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