ACH Revocation Letter
Date: Wed, 06/13/2007 - 19:50
Submitted by IPDL IDIOT IN NY
on
Wed, 06/13/2007 - 19:50
Total Replies: 8
The reason you should send it is just to have your back covered.
The reason you should send it is just to have your back covered. That way if the bank does allow the transactions to go through (which some banks do on closed accounts, they will reopen it if an ach transaction comes in within 30 days) then you can show the bank that you revoked authorization in enough time for the company to stop the debits.
Most ipdl's will ignore the revokation, but you need it to prove to the bank.
ACH Revocation Letter
Thanks Goudah. Will send out emails tomorrow morning. Am I still liable for the return fees when they find out the acct is closed?
I would not wait. They probably won't stop though.
I would not wait. They probably won't stop though.
From the pdl's? If your state's laws allow for nsf fees to be c
From the pdl's? If your state's laws allow for nsf fees to be charged, then ues, but if you are from NY then pdl's are prohibited. So they shouldn't be lending to you in the first place. In that case, I'd say you should only have to pay back principle, but check with your state's AG office to see what they say. I know the AG there has sued several pdl's . . .
IPDLS and CH 13
Does a CH 13 offer any protection againsts these IPDLS and if so should I let the cat out of the bag before I've actually signed up to do this? I thought I word my letter - "an attorney is handling this matter and will contact you shortly regarding any payment due on this account". What do you think?
NY law
Although Pdls ar illegal in NYS, the law is very vague. I thought it also said that state law governs where you obtain from. Now Im totally confused. I have one that I've paid over $1100 for a 400 loan - should i have the audacity to ask for a refund?
Doesn't hurt to ask. Sometimes you can get a refund and sometim
Doesn't hurt to ask. Sometimes you can get a refund and sometimes you can't but you will never know unless you try.
Just a suggestion, if you can get those letters to your pdls today, via email, it would be better and take a copy of the email to your bank also. This way they have a copy on file, even if your account is closed.
pay day loan
heres my question if your in the process of a ch 13 bankruptcy it lasts for 5 years and ive heard that you have to have the trustees permission to pay on any more debt then what you have at that current time but ive seen people get pdl's while in ch 13. Are you allowed to do that and if so why not cause even with ch 13 its still real easy to get behind depending on how many hours your job is getting you, how many kids your providing for, married, etc
