Legal Question in Credit and Debt Law in Virginia

payday loan

Can I be arrested for bank fraud for not repaying a payday loan that was obtained online? What is the worse thing the collection agency can do?


Asked on 6/13/05, 1:24 pm

1 Answer from Attorneys
Michael Stone Law Offices of Michael B. Stone Toll Free 1-855-USE-MIKE

Re: payday loan

No. You cannot be criminally prosecuted for failure to pay a debt.

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Answered on 6/13/05, 1:37 pm


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