Personally, I would not pay them. You will however need to do an ACH revocation and close your bank account and open a new one.
How to Deal with Illegal Loans..OhioGal's Primer http://www.debtconsolidationcare.com...allenders.html PDL's are ILLEGAL in the following states...
AR, AZ, CT, GA, ME, MD, MA, NJ, NY, NC, PA, VT AND DC
OH AND NH have very restrictive low cost interest rate laws.
Okay one of the loans is from Ameriloan which on the site says they are tribal. The other loan is from Pay Day One and they are licenced in the state of wisconsin, where we live. Kinda worried about that one but our financial situation is horrible right now. We cant got ahead, which is why we chose to file bankruptcy. If we stop paing the Pay Day One, because they are licenced, can they legally come after us even if we are filing bankruptcy?
No, they cannot come after you. Like all other unsecured creditors, the debt will be discharged in the bankrutpcy.
How to Deal with Illegal Loans..OhioGal's Primer http://www.debtconsolidationcare.com...allenders.html PDL's are ILLEGAL in the following states...
AR, AZ, CT, GA, ME, MD, MA, NJ, NY, NC, PA, VT AND DC
OH AND NH have very restrictive low cost interest rate laws.
I am not an attorney. I am not offering legal advice. The information and ideas I share are my opinion only and do not necessarily reflect the opinion(s) of the owners of this website.
Unregistered
Sub: #6 We have paid on both if them. Also found out my husband took outMon, 05/21/2012 - 10:02
We have paid on both if them. Also found out my husband took out another loan last week because my dad was hounding us for the money we borrowed from him. So now I'm worried that will mess up our plans to file this coming month. I don't want the judge to think we are committing fraud, we really did just decide to file this past weekend. He took the loan out through usfastcash.com for 400. I understand why he did it, just wish he talked to me first. so now I don't know what to do. Still planning on closing the account and revoke ACH. Uuugggghhhh
I am not an attorney. I am not offering legal advice. The information and ideas I share are my opinion only and do not necessarily reflect the opinion(s) of the owners of this website.
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.
Debt Samaritan
Posts: 16511
Credits: 287303.40510709 Send message to SOAPLADY
Personally, I would not pay them. You will however need to do an ACH revocation and close your bank account and open a new one.
http://www.debtconsolidationcare.com...allenders.html
PDL's are ILLEGAL in the following states...
AR, AZ, CT, GA, ME, MD, MA, NJ, NY, NC, PA, VT AND DC
OH AND NH have very restrictive low cost interest rate laws.
SOL for all states
http://www.debtconsolidationcare.com...imitation.html
Okay one of the loans is from Ameriloan which on the site says they are tribal. The other loan is from Pay Day One and they are licenced in the state of wisconsin, where we live. Kinda worried about that one but our financial situation is horrible right now. We cant got ahead, which is why we chose to file bankruptcy. If we stop paing the Pay Day One, because they are licenced, can they legally come after us even if we are filing bankruptcy?
Debt Samaritan
Posts: 16511
Credits: 287303.40510709 Send message to SOAPLADY
No, they cannot come after you. Like all other unsecured creditors, the debt will be discharged in the bankrutpcy.
http://www.debtconsolidationcare.com...allenders.html
PDL's are ILLEGAL in the following states...
AR, AZ, CT, GA, ME, MD, MA, NJ, NY, NC, PA, VT AND DC
OH AND NH have very restrictive low cost interest rate laws.
SOL for all states
http://www.debtconsolidationcare.com...imitation.html
Where would I get an ACH revocation letter? I hate that we git ourselves into this situation. And I appreciate the help you have given us.
Debt Samaritan
Posts: 5223
Credits: 71492.066580171 Send message to OhioGal1
There are sample letters in the link in my signature line as well as step-by-step instructions for dealing with illegal lenders.
You need to include PayDayOne in the bankruptcy.
Have you paid anything to Ameriloan?
I am not an attorney. I am not offering legal advice. The information and ideas I share are my opinion only and do not necessarily reflect the opinion(s) of the owners of this website.
We have paid on both if them. Also found out my husband took out another loan last week because my dad was hounding us for the money we borrowed from him. So now I'm worried that will mess up our plans to file this coming month. I don't want the judge to think we are committing fraud, we really did just decide to file this past weekend. He took the loan out through usfastcash.com for 400. I understand why he did it, just wish he talked to me first. so now I don't know what to do. Still planning on closing the account and revoke ACH. Uuugggghhhh
Debt Samaritan
Posts: 5223
Credits: 71492.066580171 Send message to OhioGal1
USFastCash is not licensed to lend in any state in the U.S. Just don't include it in your bankruptcy, repay the principal only.
I am not an attorney. I am not offering legal advice. The information and ideas I share are my opinion only and do not necessarily reflect the opinion(s) of the owners of this website.
Add new comment