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No, you cannot go to jail for owing payday loans in Colorado or any other state. However, the lender may pursue collections through legal means. Moving to Texas does not eliminate your debt obligation, but the lender must follow Texas laws regarding debt collection.
Actually, you won't go to jail if you defaulted on payday loans and it doesn't matter in what state you live. However, you can face some problems with your credit score, so, don't be surprised if it will be declined a lot. Besides, you will lose the ability of taking another payday loans as you personal data will be listed in the so-called blacklist that is distributed among the lenders.
No, you cannot be sent to jail in Houston, Texas for not paying a payday loan. Failure to repay a payday loan is a civil, not a criminal, offense. However, creditors can take legal actions to collect the debt, such as filing a lawsuit or garnishing wages.
Possession of heroin under 1 gram is classified as a state jail felony in Texas. The penalty for this offense can include up to 2 years in state jail and a fine of up to $10,000.
You can't go to jail anywhere simply for defaulting on a payday loan, anymore than you can for defaulting on a mortgage, car loan or credit card. There has to be something more, like using someone else's identity to obtain the loan, for a criminal offense to have occurred.
Travis County Jail is located in Austin Texas. ........................................................................................................................................................................
Defaulting on a payday loan is a civil crime - not a criminal offense. Therefore, you shouldn't have any jail time in Missouri for this. And, if a debt collector is threatening that you can and will go to jail for this, then they're full of it!
In Texas up to 1 year in county jail or 5 years state jail
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.
3rd degree felony. In the state of Texas it is punishable by up to 1 year in county jail or 5 years state jail....
In the state of Texas it is a state jail felony which can carry up to a 2 yr sentence, which is day for day no parole.