can you be proscuted for payday loans an installme

can you be proscuted for payday loans an installment loans in dallas texas

5 Answers

Debts are civil and not criminal and so you cannot be prosecuted for the same. The lenders if legal can only sue you for the non-payment.


No you can’t be prosecuted for non-payment of your debts. Debts are civil, not a criminal offense. If your lenders are legal in Texas, then they can file a lawsuit against you if you don’t repay their debts. In such a case once the court issues a judgment against you, then your lenders can garnish your wages or place a lien on your property.
 


Though payday loans are legal in Texas, they can't prosecute you for non-repayment of installment loans. However, they can sue you or garnish your wages. If you owe them money, it is always better to repay them by getting help from a professional company.


Debts are civil. No one can be criminally prosecuted.


No you cannot.

How to Deal with Illegal Loans..OhioGal's Primer
http://www.debtconsolidationcare.com/paydayloan/dealingwith-illegallenders.html
PDL's are ILLEGAL in the following states...
AR, AZ, CT, GA, ME, MD, MA, NJ, NY, NC, PA, VT AND DC
OH AND NH have very restrictive low cost interest rate laws.

SOL for all states
http://www.debtconsolidationcare.com/statute-of-limitation.html

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