Legal Question in Credit and Debt Law in New York
can i be arressted for not paying back a pay day loan
Asked on 7/21/10, 6:12 am
1 Answer from Attorneys
Paula McGill
Paula McGill Attorney at Law
Under normal circumstances, a debtor cannot be placed in prison for failing to pay a debt. The US got rid of debtors prisons long ago. Moreover, if a debt collector threatens a debtor with prison, (s)he may have violated the Fair Debt Collections Practices Act.
ALSO LICENSED IN NEW YORK AND PRACTICING ON LONG ISLAND.
Answered on 8/04/10, 2:45 pm