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Southern Pacific Personal Loans V Welcome Finance


emanevs
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I have a loan agreement with Welcome, and I think it is unenforceable.

 

I am a little scared of suddenly not paying them based on unenforceability, just in case they force a sale on my house because they have a restriction on my title plan, based upon the loan I have on them.

 

What should I do?

 

How far off is the test case for Walker v SPPL, which I am led to believe will be the guide as to whether I would be successful in getting the Welcome loan written off??

 

Or,

 

Should I simply not continue to pay Welcome any more, stating that the credit agreement is unenforceable???

 

I have been paying Welcome back over the last 4 years. Could I say that I have already paid back the loan, and that they are not going to get back any more money?

 

If so, how do I get them to remove the restriction they placed on the property if I do not pay back any more of the loan???

 

please, please help!!!!!!!!!!!!!!!!!

Edited by emanevs
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