Like any debt the lender has the option of filing a civil suit to collect monies owed. If the creditor wins the suit they will be awarded a judgment and will be able to execute it in the manner that is allowed by laws of the state in which the debtor resides.
Generally a judgment creditor prefers wage garnishment as it is the easiest method of recovering the debt owed.
Macky
The lender can pursue all methods allowed by the laws of the state where the debt was incurred including filing a civil suit to recover monies owed. In the event that the lender does sue the debtor and receives a judgment award, a judgment can be executed in numerous ways including but not limited to wage garnishment and/or bank account levy.
that's why they get the check, the papers you sign say they will take it if you don't pay it back, or make extension arrangments
what action cn be taken against you if you dont repay a payday loan
Answer Unfortunately this happens sometimes. You have to move on. There is someone else out there for you who will love you back.
S h i t i dont even know
If you don't pay a payday loan, you can have a judgment brought against you. They can also fine you a pre determined amount.
IT takes about 1000 years haha no it doesnt i dont know but f#$* Pennsylvania because I know it takes a while.
What happens if you don't pay back LTD when awarded SSA disability? I was not aware I had to pay theme pack and the money is spent.
dont play it or sneek behind your parents back
that happens sometimes. dont worry...it should fill back in as it heals.
dont konw you have to eatr tge pinus
No. They are breaking the law if they're telling you they can. A judge issues warrants, not a payday lender. Payday loans are civil matters, not criminal. At most, they could sue you in court civilly for defaulting on a loan. Some states have made payday lending illegal. Check with your attorney generals office or financial regulator for more state specific info. Payday lenders love trying to scare the unknowing into paying them. The Fair Debt Collection Practices Act (FDCPA) is a federal law that governs collections. You can find it online.
You will be called back to court and punished.