Legal Question in Credit and Debt Law in Maryland
I have several payday loans, that I started paying on and then defaulted. I have collectors calling ans saying that I will be put in jail and that there is a case pending against me. In Maryland, can I go to jail for defaulting on a payday loan?
Asked on 11/13/10, 3:25 pm
2 Answers from Attorneys
Daniel Press
Chung & Press, P.C.
If you wrote a bad check for the payday loan, in some states that may be a crime. However, if you did it in MD, the payday loan itself would be illegal - for the lender.
Answered on 11/19/10, 5:17 am
Sean T. Morris
Law Office of Sean T. Morris
Threatening you with prison is also a violation of federal and state statutes. Consider consulting a lawyer if things get any worse.
Good luck.
www.marylanddebtdefense.com
Answered on 11/22/10, 9:03 am