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I fell in the PAYDAY LOAN Hole

Date: Thu, 01/04/2007 - 20:07

Submitted by anonymous
on Thu, 01/04/2007 - 20:07

Posts: 202330 Credits: [Donate]

Total Replies: 6


At the time I had a great job and was just finishing up a year and a half with the IRS and the Innocent Injured spouse prgram and was relieved of my exhusband 65,000.00 income tax lien.

(BTW for anyone in the same situation with their x-spouse, It takes a lot of work to be cleared of taxes and a lot of proof, but you can do it your self. 2 Attorneys told me I didn't qualify, so I had no other choice but to give it a shot. If you have any questions, please let me know) :D (He became suspended as an attorney and ruined my credit, and is now filing for BK for 3.3 million dollars)

I worked diligently improving my credit. I got to the point where being a single mom I needed short term financial help...thus THE PAYDAY LOAN. I had every intention of paying it

.......and then I was hospitalized and became disabled. As many know, Even the diability insurance you pay for through your employer takes 3 months for them to decide even if your eligiable. I don't have money right now to support my children, pay for cobra, meds....anything.

Now Threatening emails and calls from Payday loan companys, them calling my friends. Everythine I put money in my account they take it out, causing overdrafts since I don't know when they are going to do it.

I went from a regeristered Investment Sales Customer Sales Agent and Office Coordinator, better credit, and no more tax lien all with in 1 1/2 years intentially, so I would have no reliance on my X Husband, To now watching that all slip away because of these PAYDAY LOAN people.

IS There Anything I can Do?? Please. :cry: :cry:


Welcome to the forums. First go to paydayloaninfo dot org and look up your state laws. Thats the fiirst step. In many states payday lending is ILLEGAL. KYSIDE38


lrhall41

Submitted by KYSIDE38 on Thu, 01/04/2007 - 20:12

( Posts: 2477 | Credits: )


And what payday loan company do you have? Have you tried to make arrangements with them?

It will be good to know which one and whether it is storefront or internet and what state you are in. You may be surprised to find out that the loan may not be legal in your state.

Don't worry. We are here to help you as much as we can.


lrhall41

Submitted by Alexandra on Thu, 01/04/2007 - 20:25

( Posts: 544 | Credits: )


I keep geeting Syntex Errors....I have written about 8 posts......Sorry

The most important parts of information are: I'm in Michigan.....and thankful that I fell upon a site of very supportive knowledgable people.


lrhall41

Submitted by bellamar324 on Thu, 01/04/2007 - 22:10

( Posts: 8 | Credits: )


Bellamar,
Welcome! You will get out of this, I promise. You should probably close your checking account and get a new one, since this will be the only way to get control over your finances again.
I also think your experiences with the IRS's injured spouse program would be a great topic for our tax forum and could help other people. It would be great if you could post that!


lrhall41

Submitted by kscornell on Fri, 01/05/2007 - 05:58

( Posts: 4407 | Credits: )


Thank you for responding KS. What happens when you close your account and they can't get to the money?

Also,thanks for mentioning the IRS. Fixing the past mistakes by my former husband is one of those things that with evry bad, something good comes from it. I think I was the only one that had all 3 credit bureaus and a direct line to IRS program into my phone. I learned about the IRS,Than the FCRA, now since he filed for BK for 3.3 million, and listed me as not only a creditor, but a co debtor and kept me from knowing by not telling the court my address. I now am specializing in Bankruptcies....Although it's kinda not, it is funny. My friends can ask me a question about something and I can either give them the law, a phone number or website pretty quickly. There has to be a job for "There has to be a way" people, you think?


lrhall41

Submitted by bellamar324 on Fri, 01/05/2007 - 06:40

( Posts: 8 | Credits: )