Well, the simplest thing to do would be just to pay them off and renegotiate from a position of strength.

No one should borrow more money than they can immediately repay but I understand that is seldom the case.

That is a case of predatory lending that you cite? But the conditions of the loan were disclosed. Unfortunate circumstances. You could hard ball a cash settlement probably if you could pay them off. The gambit is a lot of legal expense to collect their vigorish, it's a bluff that can work.

27% is loansharking in today's market.

sidebar: we once had the interest on a 3rd mortgage we wrote discharged by a judge as "unconscionable." The ratio was just 1.5x the ''going rate.'' Turned out the property was adjacent to a hazardous waste dump in La Puente CA So, who got fucked on the deal? It was just $38K (1983).

People get pissed when I read the fine print, and when in person, strike out the objectionable parts of the deal -- if they don't want to make acceptance on my terms (generally reasonable) I know that someone else will -- this goes for doctors, hospitals and lawyers too.