2006-11-16 06:54:39 · 18 answers · asked by jessica j 1 in Business & Finance ➔ Credit
Will someone anwer who knows what they are talking about please? This is not a "farud" case...it has gone to collections!
2006-11-16 07:04:17 · update #1
This was not done by check.
2006-11-16 07:04:55 · update #2
I love this question. The answers always gives me the giggles. These idiots who say you will go to jail! whoa man!!!
You will not go to jail. The ONLY way that will EVER happen is if they can prove that you did this with fraudulent intent, and that is extremely difficult.
Collection agents just love to get that stuck in your head. It scares you into paying the bill. It's also highly illegal for them to be saying such things. If you can prove they said that, you can sue them in small claims court.
So ignore these fools! Geez just think about it! With all the people out there with unpaid bills, they would have to open a prison the size of Texas to hold everyone!
2006-11-16 07:39:24 · answer #1 · answered by Anonymous · 1⤊ 0⤋
It will go on your credit as it has gone to collections. Had you have tried to resolve this with the bank, you could have saved your credit, and depending on the amount, you can be sued for that amount, which will further damage your credit. It's not likely that you will go to jail unless you were writing bad checks, but if you want to finance a new car any time soon - You'll be told no. If you get married any time soon and go to buy a house jointly with your spouse, you and your spouse will be told no. You're not only hurting yourself, but you're hurting other people by trying to weasel your way out of the debt.
2006-11-16 15:04:40 · answer #2 · answered by sovereign_carrie 5 · 0⤊ 0⤋
Depends on the amount of the money. Over a certain amount can be a felony, if the county decides to prosecute "theft by check" jail time is possible. At the very least it will go on your credit record.
2006-11-16 15:01:56 · answer #3 · answered by Julie 3 · 0⤊ 0⤋
No. It will just go to a collections agency that will hound & harass you until you pay.
What you are thinking about is passing bad checks. I assume the bank has paid your overdrafts. So you owe this money to the bank. They may tack on interest they will say is due them. But they can't send you to jail.
2006-11-16 14:58:17 · answer #4 · answered by Ed A 3 · 0⤊ 0⤋
You can not go to jail. There is no such thing as debtor's prison. It can hurt your credit rating, and they can sue you in civil court, but it is not a criminal. If they threaten you, telling you that you will go to jail, it is a violation of the Fair Debt Collections Practices Act, and you can sue them for $1000 per violation.
2006-11-16 15:16:47 · answer #5 · answered by scotty_b_1976 3 · 0⤊ 0⤋
If it is a fraudlent account you can other than that itwll just be bad on your credit, wont be able to get others loans or accounts by a car or house or even student loan so pay bill the over draft.
2006-11-16 14:58:20 · answer #6 · answered by GAY PIMP FOR LADIES 1 · 0⤊ 0⤋
My roommate in college had this problem!! More than likely, if you decide not to pay, they'll issue a summons to appear in court. If you do NOT show up for court, they'll issue a default in judgement. That basically means it will be on your credit report as an uncollectable debt. Good luck!! :0)
2006-11-16 14:57:19 · answer #7 · answered by maci_bean 2 · 0⤊ 0⤋
It will be on your credit report and they will sue you. Then they will garnish your checks. My advise is may it or make payments.
Most likely will not go to jail.
2006-11-16 14:56:48 · answer #8 · answered by Anonymous · 0⤊ 0⤋
Probably, how much is it? Try to contact the collection agency. They will work with you so you can get it paid off.
2006-11-16 14:56:23 · answer #9 · answered by J~Me 5 · 0⤊ 0⤋
It is like stealing so answer is yes..Especially in southern states. How do you overdraw a bank account if not by check?
2006-11-16 14:55:50 · answer #10 · answered by dwh12345 5 · 2⤊ 0⤋