Posts: 109
Credits: 1,683


Send message to amyw2003
Sub: #1 internet pdl alabama
Replied on 07-30-2009, 03:10 AM
Reply With Quote

hey everyone... i am planning to file chapter 7 bk and have already informed my storefront pdl of my intentions and stopped payments that were not immediatly cashed(i know i know i shoiuld have stopped payment first)on those checks. however, ihave 3internet pdl and was wondering if i close my account can they pursue criminal charges against me? i dont think they are legal because the interest they charge is more than the alabama legal limit but i know that in this state closing your bank account when you have a pdl is grounds for prosecution, is this true for internet pdl as well? the companies are:

cash transfer centers.com-$200
star cash processing-$300
payday loan yes-$350

I want to close my account as soon as possible but i dont want a bigger headache than i already have. any help would be appriciated

SC
SC's Avatar

Moderator

Posts: 3,578
Credits: 36,210


Send message to SC
Sub: #2
Replied on 07-30-2009, 04:28 AM
Reply With Quote

AL "http://www.bank.state.al.us/ADPSA_Licenses2.asp" None of these 3 PDL's are licensed in the state. Defaulting on your debts is a civil matter, not criminal so they cannot pursue criminal charges against you.




Posts: 12,166
Credits: 109,374


Send message to SOAPLADY
Sub: #3
Replied on 07-30-2009, 05:12 AM
Reply With Quote

Close your account immediately. With the chapter 7 pending, get a new bank account opened. There is little they can do as these will be discharged.




«Previous Thread | Next Thread»
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes
Linear Mode Linear Mode

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -8. The time now is 12:55 AM.





About Us | Contact Us | Privacy Policy | Affiliate | Sitemap | Espanol | RSS Feeds| Terms of Services
* Disclosures:
  • By signing up for counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
  • Some creditors and collection agencies refuse to lower the pay off amount, interest rate, and fees owed by the consumer.
  • Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
  • Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
  • The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.
Page loaded in 0.049 seconds.