Can a lawyer help me sue a lender in California?

If you have fallen behind on your financial obligations, you may be apprehensive about possible lawsuits against you. However, in certain situations you may be the one to sue your lender, such as when your lender violates terms of your loan agreement or otherwise acts illegally. If you reside in California, the law allows you to sue a lender for the following reasons:

• The lender has not credited you for remitted payments
• The lender has violated the terms of the loan, such as attempting to foreclose when you are not in default, demanding payment earlier than agreed or charging more than the lender is allowed
• The lender provided false information about you to employers, credit rating agencies, or the government
• The lender improperly used the legal system—such as by attempting foreclosure, eviction, or wage garnishment when the facts do not support the actions
• The lender has not provided you the notice you are legally entitled

Damages and Recovery

You may sue for economic losses such as recovering any amount you were overcharged, or in an illegal foreclosure the costs you incurred from moving, storage, renting or buying a new place, etc.

You can also sue to force the lender to do, or not do, something. For example, you may bring an action to stop an improper foreclosure or stop a bank at issue from taking money from your account. 

Find an Attorney

An experienced attorney will evaluate your situation to determine if you have a valid legal claim against your lender. If the claim is valid, the attorney will help facilitate the lawsuit on your behalf, and will help you avoid unnecessary obstacles that may render your valid claim void. Find attorney firms in Los Angeles that sue lenders.