Legal Question in Credit and Debt Law in Colorado

can i go to jail for not paying back your payday loans


Asked on 3/04/11, 9:25 am

1 Answer from Attorneys

Robert Murillo Pivotal Legal Ltd.

No you cannot go to jail if you don't repay your loans. If a collection agency claims that the debtor may go to jail over an unpaid debt this may be a violation of state and federal law and you can sue for damages.

Contact an attorney to discuss your rights.

DISCLAIMER�This answer is for informational purposes only and is not legal advice regarding your question. This answer does not establish an attorney-client relationship.

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Answered on 3/04/11, 9:54 am


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