took out a pay day loan from M1Y. My bank returned the fee of 75 dollars for the renewal last week. I received a call from a law firm saying they were going to press charges against me for fraud and misuse of FDIC regulated bank funds and a few other things. I really don't know what to do. I want to pay them off but I can't as quickly as they want me to. Can they really take me to court and charge me as a criminal?

We're suppose to be making a lump sum payment amount to John P Frye today and then making $100 payments monthly automatically being deducted from our checking. I'm feeling very uneasy about this since we'll never get a statement of any type showing that we're actually making payments. They said to call if we want a statement, otherwise use your bank statements as proof of payment. They've said that if we don't pay then they'll send this account to a lawyer in our state to handle and we'll have to go to court to deal with it.

My family and I have just moved from the UK to Canada and have left behind quite a mountain of debts to various credit card companies, banks and even an overdue VAT return. We have a UK bank account which is fine that we have been using in Canad and 1 credit card with a very low limit that has just been for securing things. I contacted a debt management company before we left and they have adivesd that we can use them even living abroad. They advised us to contact them in a couple of months when we knew what our incomings and outgoings are.

Hello! I found this website by accident, thought I'd get some advice while I was on here. I had a car repossessed (sp?) about 3 years ago (in June). I had a relative co-sign for me and I feel terrible about it. I have not filed bankruptcy and plan on it, but I may actually try and pay this one off for the sake of my relative. What do you think is the best way to deal with this? Thanks in advance for the advice!

Can collection companies put a request for your arrest on behalf of the payday loan company they are represent- ing?

Got a call today from a mysterious CA. The automated recording I got said my middle name was something like Mishaquel (It's Michael). I busted out laughing really loud at that one. Has anyone else heard their name butched that bad before? And before anyone responds YES I plan to send a DV letter CMRRR since I know the popular reply for some people (no matter what the question is) is to send a DV letter CMRRR

i live in arkansas and was told by langhorne to start the process of getting out of payday debt was to stop my direct deposit and to close my account. But according to the arkansas law it is illegal to close your account.

I have been faced with financial problems since my divorce. I have credit card debt, laywers fees, car payment, medical bills (from not having insurance). I have been renting an apartment by myself for the last year and a half. I want to get out of debt so I can start over with my life and by a condo or a house one day. I don't want a huge car payment (that I got stuck with in the divorce), and I want to not worry about things anymore. I want to be financially independent and get on with my life.

I made some bad credit decisions that I am paying for years after the fact, also I had taken a payday loan out of desperation in October and now they are saying that I owe them triple what I borrowed, I borroes 500 from them, paid back 875 and they still want 697 more from me!!! I really don't know what to do, I'm already struggling to make ends meet and now there's at least another 250 a month that I'm going to have to make magically appear to satisfy these vampires!!!

I have a situation that came up recently that I find myself at a loss on. Last year, in late summer (Sept, to be exact), I was given a check, which I deposited. I trusted the person that gave it to me, and wrote checks against it immediately. The deposited check bounced, causing 10 of my checks to bounce. In the mess that followed of checks being re-deposited to my bank, bouncing again because of the charges levied by the bank depleting my account balance, as soon as I would put money in, it would be gone again.