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 Posted: Wed Sep 19, 2007 9:12 am Subject: Can They Arrest Me ?
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I have posted on here before, and I got a lot of information, I'm happy to say, that I'm working everything out, slowly, but it is working. Except for one. I have an online loan with Midland Market. Some collector guy just called me from there, and said he was sending the police to my home and job today to arrest me, unless I paid the balance owed. Can they do this ?
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kmswick06
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Debtcc Points: 100
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Posted: Wed Sep 19, 2007 9:15 am Subject:
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NO NO NO. You can not be arrested for defaulting on a loan. If so they would have to build much larger prisons. It is just illegal scare tactics. Do not worry. All they can do is harass you ,. No one is coming to get you.Just calm down. I am assuming this loan is not legal. Even so , you are safe from arrest.Just be calm
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kashzan
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Posted: Wed Sep 19, 2007 9:15 am Subject:
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ABSOLUTELY NOT!! DO not fall for this and do not let it upset you.
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RoxyNY
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Posted: Wed Sep 19, 2007 9:19 am Subject:
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KAsh you beat me to it- This is the one that upsets me most!! I HATE when they do this to people. I can't even imagine the fear that people feel when they hear this on the other end of the phone.
km, I know you are upset. Most of these companies will not splurge on a stamp to send you a letter let alone foot the cost of a legal judgement, process server and a police officer. They are betting you do not know better, you will be scared becuase you do not want to be arrested, and you will pay up. Next time tell them to "come get me then" and hang up.  I know this is scary, hang in there.
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In life it doesn't matter
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and keep moving forward.
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RoxyNY
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Posted: Wed Sep 19, 2007 9:20 am Subject:
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Well I already did let it upsetme, but the more and more I talked to this guy, I got the feeling he was just talking a lot of trash, trying to scare me, but I wasn't sure. I live in Ohio, and I don't even think they are in Ohio.
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kmswick06
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Posted: Wed Sep 19, 2007 9:20 am Subject:
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Hey kmswick06,
Dont worry there is no way that can arrest you. The personal on the other side is just trying to scare you so they can get their money. Notrhing to worry about.
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stefan
Joined: 16 Sep 2007
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Posted: Wed Sep 19, 2007 9:25 am Subject:
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Initally, yes it does in a big way!!! But now you know and next time you will have the tools to deal with it. Good to see your instincts kicked in.  If you are interested, you should ergister and stick around awhile. The people are very helpful...even if it is only in emergencies.
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In life it doesn't matter
how hard you hit, it matters
how hard you get hit
and keep moving forward.
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RoxyNY
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Posted: Wed Sep 19, 2007 9:26 am Subject:
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Dont worry, I believe Debters Prison was aboloshed in the 1920
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jonboy
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Posted: Wed Sep 19, 2007 9:34 am Subject:
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If they were to arrest you they first would have to arrest themselves for operating an illegal pdl (LOL)
ladybug
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ladybug
Joined: 29 May 2007
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Posted: Wed Sep 19, 2007 9:36 am Subject:
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I would like one day a person from a payday loan company to come over to my door. Ill beat the money out of him 
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stefan
Joined: 16 Sep 2007
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Posted: Wed Sep 19, 2007 11:24 am Subject:
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Is this one of the loan companies that is overseas? Also, did he say what he is going to have you arrested for? I hate these kinds of tactics, too. It is ridiculous for a collector to make threats of arrest! They should be arrested for just making the threat! Don't worry kmswick...they can't do a thing but talk. Have you thought about filing formal complaints with your state's ag?
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eleroo
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Posted: Sat Sep 22, 2007 10:25 am Subject:
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I found just quoting state law makes them shut up, once they know you know your legal rights, they mark you as an uncollectable debt and if you send them money good for you if not, they move on. They hate people in the know, which is why I give Kudos to this site.
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Arizona Guy
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Posted: Sat Sep 22, 2007 9:05 pm Subject:
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And yes, debtors prison has long gone the way of a Dickens novel! Not only is this crap wrong, and a lie, it is a violation of the fdcpa, which prohibits creditors from making false threats like this.
The next time this happens, document the date, time and name of the person calling, and then call your local PD to ask if there are any pending arrest warrants for you. (trust me, there won't be. And then blast these people out of the water the next time they call!!
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kscornell
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Posted: Sat Sep 22, 2007 11:03 pm Subject: reply
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arizona guy, let me just give you and everyone else a warning. Not to scare anyone. But sending the letters and quoting the state laws might shut them up for a bit, but they do not go away. They will turn your account over to illegal collection agencies, they will report to the credit bureaus, etc. Just because they received something from you and have been quiet, do not think they are gone. They are already illegal and will continue to do illegal things, as I stated above. You need to check your credit reports. There just might be some nice little illegal collection accounts on there resulting from pdl's. Just a word of caution.
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cannr
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Posted: Sat Sep 22, 2007 11:05 pm Subject: reply
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And - P.S. - if any pdl you are dealing with happens to be an illegal overseas one, you may not hear from them; however, they may attempt to send a wage assignment to your employer. Be very careful with this. Please do not think they have "forgotten" you. And all of these things can happen MONTHS after not hearing a word from the pdl. Use caution, please.
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cannr
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Posted: Sun Sep 23, 2007 7:25 am Subject:
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And - P.S. - if any pdl you are dealing with happens to be an illegal overseas one, you may not hear from them; however, they may attempt to send a wage assignment to your employer. Be very careful with this. Please do not think they have "forgotten" you. And all of these things can happen MONTHS after not hearing a word from the pdl. Use caution, please.
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Oh yes, they love to work behind your back and serve you. And it is for sure that they will not forget about the money that you owe them
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stefan
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