Can a payday loan company take you to jail for not paying a loan back?
Question Details:
Eric Redman / Redman Ludwig, P.C.
Answered 4 months ago
This attorney is licensed in Indiana
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a payday loan is just a loan like any other. it is noit criminal to fail to pay it. they would have to sue you and get a judgment like anyone else. bankruptcy will eliminate these debts along with most others.