No, the non payment of one's debts is a civil offense not a criminal one.
Jail is not a penalty for not paying a bank loan. The bank can bring a judgment against the person who does not pay the loan back.
If you can not pay back a payday loan the account can go into collections until repaid. The payday loan company may also file a claim in court. Failure to pay back a payday loan will not result in jail time.
You can't go to jail for failing to pay back your loan. Lenders have other means of getting their money back. There is no uniform way in dealing with it and many states have different laws regarding it. If your lender can't get you to pay back the loan on their own or through a collections agency, there is the possibility that they could take you to court over the matter.
Well Yeah because they can get bailif on you Well Yeah because they can get bailif on you
my layer said that it is like a credit card so it is not a bad checkCan they send me to jail if I do not pay back a payday loanAnswer:No, you cannot be sent to jail on not paying your payday loan. One thing that you must remember that"Payday loan is a civil debt. It is not a case of Check Fraud"So the Debt Collector cannot take criminal charges against you. You must be aware of your right before taking any action.A reference is there that brief you most about your payday loan rights.
You cannot go to jail for failing to repay a loan. At most, the court can order a garnishment of your wages.
no you will not go to jail
Can u go to jail for now paid a title loan
maybe, but first there gonna just repo the car
When you go back to Germany you will pay a big penalty
It all depends on the lendor company that what action they take for defaulters.But you can talk to them anytime about the easy and convinient repayment of your payday loan.I am sure they will understand your problem.
No you can't be sent to prison.You can declare bankruptcy .