IANAL, but this seems pretty vulnerable to countersuit. If you have the terms of your loan and proof you paid, it doesn't matter if you sign a confession of gui

IANAL, but this seems pretty vulnerable to countersuit. If you have the terms of your loan and proof you paid, it doesn't matter if you sign a confession of guilt. Practically speaking, it's still not possible for most people to defend. Lawyers cost money, and you're trying to sue who just took all yours.