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We Will Defend Your Quarterspot Lawsuit in Arlington Gdc
Last week in Arlington General District Court, business lender QuarterSpot Inc. obtained 19 judgments totaling $1,358,560. QuarterSpot was able to obtain most (if not all) of these judgments because the defendant never entered an appearance. Lee Legal will defend your QuarterSpot lawsuit in Arlington General District Court or Alexandria General District Court.
QuarterSpot small business loans
Online small business lender QuarterSpot provides short-term business loans for bad-credit borrowers. QuarterSpot offers six- to 18-month loans up to $250,000 at interest rates from 30 percent to 70 percent.
Business owners are typically not responsible for the debts of a business. QuarterSpot, however, checks the business owner’s personal credit rating before it decides to extend credit and requires a personal guarantee. A business owner’s personal liability on a business loan gives rise to concurrent liability for the business and owner alike.
On March 22, 2019, the Securities and Exchange Commission sued investment advisor Direct Lending Investments (or DLI), in part for falsifying loan repayment information reported by QuarterSpot.
QuarterSpot lawsuit in Arlington or Alexandria? Get a lawyer pronto.
Over the past few months, QuarterSpot has obtained hundreds of judgments simultaneously against both business and business owner. You cannot simply ignore QuarterSpot because your business has closed, especially if you have personally guaranteed a business loan. You must mount a defense. Do not allow a default judgment to be entered simply because the business is going under or because you live far away from the choice of venue.
Plaintiffs like QuarterSpot initiate collections lawsuits in Virginia by filing a warrant in debt. Once served, you must take action. Virginia general district court have very tight timelines.
Do not file anything with the court or talk to opposing counsel before you talk to an attorney. Lee Legal provides debt defense to clients facing lawsuits in Arlington General District Court and Alexandria General District Court. You can reach us at (202) 448-5136.
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Brian Lee from Lee Legal was an amazing attorney to work with. He took his time, reviewed my documents and we discussed my situation thoroughly. He explained the process and my options as well as gave his recommendation. Not only did he assist, but he ensured that I knew this...
I was very nervous and scared about going through this process. But Brian was very knowledgeable and helped me through it. I was notified about any and all updates to my case and he was very responsive when I had questions regarding any concerns I had. Although a bit nerve...
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I've had the pleasure of working alongside Brian V. Lee for several years, and I can say without hesitation that he is one of the most knowledgeable bankruptcy attorneys in the DMV area. Brian's command of Chapter 7, 11, and 13 practice is exceptional, and his clients in the DC...
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Brian is both warm and professional. He helped me navigate a financial issue that I had not been looking forward to working on and he made the entire experience non-stressful, receiving a lot of anxiety I had around the matter. He is straight forward and a fantastic problem...
I had the opportunity to work with Brian at a time when I was challenged by a professional setback and forced with the challenge of making some very difficult legal decisions. Additionally, I worked with him again as I was dealing with some financial issues pertaining to my...
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