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Ask Loren Your Own Question

Loren, Attorney
Category: Fraud Examiner
Satisfied Customers: 29014
Experience:  Attorney/Hearing Officer
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I took out a personal loan .00. I made payments for

Customer Question

I took out a personal loan for 25000.00. I made payments for a few months then was unable to work at my job due to stress, headaches. I am 60 and had programmed computers for 35 years. Just could not do it any longer. Quit my job and am now unemployed and broke. can I be charge for fraud?
Submitted: 1 year ago.
Category: Fraud Examiner
Expert:  Loren replied 1 year ago.
Good morning. I am Loren, a licensed attorney, and I look forward to assisting you.
Expert:  Loren replied 1 year ago.
Fraud requires an intentional misrepresentation. There is nothing in the facts you present which would indicate that fraud is being or has been committed. Merely falling on hard times is not grounds for a charge of fraud.
Expert:  Loren replied 1 year ago.
Did you have further questions? Have I answered your question?