• Home
  • About Us
  • Contact Us
  • Cookie Policy
  • DMCA
  • Disclaimer
  • Terms of Use
  • Home
  • Law
    • Accident Law
    • Business Law
      • Copyright Law
      • Real Estate Law
    • Child Law
    • Women Law
    • Criminal law
    • Family law
    • International Law
      • Cyber law
      • Traffic law
  • Attorney
  • Divorce
  • Legal Advice
  • Contact Us
  • Pages
    • About Us
    • Cookie Policy
    • DMCA
    • Disclaimer
    • Privacy Policy
    • Terms of Use
No Result
View All Result
Law Luxury
No Result
View All Result
Home Criminal law

Can you go to jail for not paying a payday loan in Florida?

Dominick Rios by Dominick Rios
June 14, 2022
in Criminal law
0
0
SHARES
24
VIEWS
Share on FacebookShare on Twitter

Many people take payday loans in Florida, which is why the poor economic situation is there. Taking credit may seem easy at the very moment, but later on, it can turn into absolute hell for its users. Here is some helpful information and answers to questions about it.

Summary show
Related Posts
Get Ahead in Your Criminal Law Classes with These Great Resources
What is the Criminal Law – A Quick Introduction
How to Join the Wildlife Crime Control Bureau
Wrongful death: how a injury lawyer can help you
What is a payday loan?
Are you going to jail for not paying the payday loan?
Are you getting arrested for not paying the payday loan?

Related Posts

Get Ahead in Your Criminal Law Classes with These Great Resources

What is the Criminal Law – A Quick Introduction

How to Join the Wildlife Crime Control Bureau

Wrongful death: how a injury lawyer can help you

jail

What is a payday loan?

When you are financially challenged in buying an item like a vehicle or a birthday present, or any bill or payment such as electricity or rent, you tend to seek quick solutions for the problem. The immediate problem solver here is the payday loan. You take a loan, and you pay a little of it every month on a specific date.

In most cases, people tend to be unable to pay their payday loan, and more than half of those who have used a payday loan go to another institution to take another payday loan to repay the first one. And this is the spiral of hell.

Are you going to jail for not paying the payday loan?

It is impossible to go to jail for not executing the payment. You can go to jail for fraud. However, taking a loan, repaying it, and then getting into a situation when this is no longer an option is not a fraud.

On the other hand, if you take a payday loan with the clear mindset of not repaying, it is a crime and is considered a fraud. For this, you are indeed getting arrested.

Are you getting arrested for not paying the payday loan?

The answer is again “no”. You cannot even get arrested for not repaying your loan. Some legal restrictions and laws defend the users of payday loans, so that arrest reasoned as “not executing the payment on time” is abolished. Nobody can arrest you for not having money, especially after declaring bankruptcy on Chapter 7 or Chapter 13.

What you can get arrested for is ignorance. After some payments are missed, it is not only the creditors asking for their money, calling you, and sending you letters, but the court shall send you letters. These are not useless. You must thoroughly read them and see if they are a summon letter. If it is, in no case should you ignore it? It might be embarrassing to ask for a day off work, but the consequences of not appearing to the court on the date and time set in advance can be even more threatening. After not going to court, it is undoubtedly possible that you are going to jail, or there might be some wage garnishment procedure activated in action.

You cannot go to jail because you failed to repay your payday loan on time, but you can go to jail for fraud and ignoring important information.

Next Post

Get the Inside Scoop on the Public Prosecutor's Role

No Result
View All Result

Today Trending

Steps to Take After Getting Involved in a Car Accident

January 16, 2022

Jennifer Duclos’ estranged husband

January 10, 2022

3 Essential Reasons Why You Should Have A Lawyer On Standby

May 27, 2022

The land-use saga of ‘Flintstone House’ famous pitfalls in pursuing actual estate development goals

January 14, 2022

Benefits of Hiring a Personal Injury Lawyer

January 15, 2022

Help Stop Sexual Assault: Know your Rights

January 17, 2022

Recent Post

How to Find the Copyright Song for Your Music Video

June 30, 2022

One Child Law China Is A Real Threat to Our Country

June 26, 2022

THE College Cheating Scandal and Overseas Corruption: Not Worth It

June 25, 2022
  • Home
  • About Us
  • Contact Us
  • Cookie Policy
  • DMCA
  • Disclaimer
  • Terms of Use
Mail us: admin@lawluxury.com

© 2022 lawluxury - All Rights Reserved to Us!

No Result
View All Result
  • Home
  • Law
    • Accident Law
    • Business Law
      • Copyright Law
      • Real Estate Law
    • Child Law
    • Women Law
    • Criminal law
    • Family law
    • International Law
      • Cyber law
      • Traffic law
  • Attorney
  • Divorce
  • Legal Advice
  • Contact Us
  • Pages
    • About Us
    • Cookie Policy
    • DMCA
    • Disclaimer
    • Privacy Policy
    • Terms of Use

© 2022 lawluxury - All Rights Reserved to Us!