arrested default payday loan

Payday Loans

I've been in financial trouble for a while. I recently took out 2 payday loans to pay bills. They're due & I can't pay them. I had every intention of paying them when I took them out, but I can't right now. My bank account is in the negative so the checks will be returned. I realize now I will have to declare bankruptcy. What can happen? Can I be arrested? I didn't intend for this to happen! Regarding payday loans, if you default is the lender able to send the check to the prosecutor as a bad check?

First, let me say if you are in this situation, you should talk to a lawyer.
If you don't know how payday loans work, then:
1. You are fortunate.
2. The borrower writes a check to the lender, who agrees not to cash it until a later date, usually the borrower's payday.

About

Payday Loans offers short term arrested default payday loans to help you make ends meet when those situations arise and you find yourself a little short on cash. Our service is courteous and hassle free.

We are not a bank. We are not here to judge and penalize you. We do not perform a standard credit check however, we do utilize various verification type services to help our staff process your application quickly.

Your business is very important to us and we make sure that you are treated both fairly and with respect. We understand that there are certain times that require a little financial help. Aarrested default payday loan instrument allows you to take care of those matters with dignity and confidentiality. We want you to feel that you are important to us and if at anytime you feel otherwise, please let us know.

 

Important

Our company is registered with the Utah Department of Financial Institutions. Specific rules and laws may differ from state to state. The service we provide may or may not be available in your state. The service provided by this website is not a solicitation for a loan application.

Our services are not offered for those residents in the following states: Arkansas, Colorado, Georgia, Illinois, Kansas, Massachusetts, New Hampshire, North Carolina, Pennsylvania, Washington, West Virginia.

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