I have 4 online payday loans. I am in Arizona and want to know if it is a criminal offense to close my bank account. I was told that I can not close my account knowing that I have debits that will come through. Its has something to do with the bad check law, I believe. I would like to make arrangements with them though. My loans are with: Ameriloan Oneclick cash Lakota Cash VIP Cash loan The loan with VIP is a new loan and i haven't even paid on it yet.

Hello. I am currently being contacted by CCS & Associates claiming to be an attorney's office and collecting for CashNet USA on a payday loan I had with them in 2007. I have not received any written collection notices at all. I asked for POD and she told me she did not have to send proof. I told her until I received proof I wasn't responding one way or another. She tells me she has a "summons number" for me to refer to. I know I have paid well over the principle due to CashNet USA. However, since my payday loans are so old (2007) I no longer have any records of payments or contracts.

Accounts Receivables Technologies, is constantly calling my cell and work phones regarding an outstanding balance with GMAC. The voicemails they are leaving are really aggressive which makes me not want to call them. Has anyone else had any experience with this company? Is a court date in my future for $500 debt.

I just received a call today from Ace Recovery regarding stop payments that I had my bank do for amounts of $75.00 and $50.00 taken out of my account which I did not know what said amounts were being drafted out of my account. They stated that over a $1,000.00 had accrued for this loan of $250.00, which I never new about until funds starting coming out of my account. However, the agent stated they would take a $300.00 payment for settlement today for said loan.

PAYDAYLOANYES.COM Payday loan yes, contant calls on the job and at home. Funny thiing is ALL FUNDS were paid back??!!?? Still calling and claiming they did not get paid........

I've been trying to settle for 25% of $8500.00 with this CA (Fred Hanna) for a few weeks now since I received a summon. They dont agree. So now I was thinking of asking them for a validation of this debt. Does this make sense still? I mean since I already ackowledged this debt with the CA and tried to settle for it. Please advise.

I stopped payment on said loan in February. I was just contacted today stating I owed them over a $1,00.00, however if I took care of it today, it would be $300.00 to close the account. Before I realized what was going on, amounts of $125.00 were being taken out of my account since about October. They contacted me today stating that the $300.00 needed to be paid today, however, they will not debit my checking account with said amount or take a CERTIFIED CHECK FROM MY BANK - They only take debit and/or credit cards. This has been turned over to recovery department.

I received a summons notice at my daughters home, why they sent it there is beyond me as my current address is on my credit report, on 4/27/10 and picked it up on 4/28/10. They say I have 14 days to respond. Also capital one has already turned this debt over to a collection agency I have the papers from this collection agency. So why is this lawyer trying to sue me on behalf of capital one.

Trying to negoiate a payment plan with a firm representing a cc company. They demand all or nothing. Any ideas?

Hello All, I have a question about 1099-C. I have $110,000 in unsecured debt due to non-covered medical bills. My guess is that I will settle all of this at about 40% of the amount owed. How is this handled come tax time when you settle debt with your creditors? I am scraping the bottom of the money bucket as is, I only hope it isn't going to be another big problem come tax time as $60,000 will be on this 1099-C form as income? Do all companies do the 1099-C?