I dont have a bank account I am just wondering.
2006-11-24 02:39:47 · 13 answers · asked by DQ 1 in Business & Finance ➔ Personal Finance
In my country yes.
2006-11-24 02:41:08 · answer #1 · answered by Anonymous · 4⤊ 2⤋
A few years ago, I got in a much smaller boat that you. Owed the bank about $400. I couldn't pay it and they closed the account. They gave me 90 days to pay the OD fees, which I couldn't. They then reported me to the credit bureaus and reported me to Check Systems. Once in Check Systems, it's really hard to get a checking account until the amount is paid and the flag is cleared through Check Systems. They can file judgment against you and you could also be assessed court / filing fees. I would suggest talking to them and working out a payment arrangement that would work for everyone. Or I'd seek legal advice from a finance attorney to see what else they'd suggest.
2016-03-29 07:31:48 · answer #2 · answered by Anonymous · 0⤊ 0⤋
In most states, Yes you could go to jail. Even if it's only for a couple of hours.
Most likely if you do not pay, there will be a warrant issued for your arrest. You will be arrested (maybe not immediately) and most likely released with a court date (maybe days, weeks, or months from the time of your arrest).
At that court date you must be prepared to pay the debt OR setup a payment plan that is agreeable to the judge. In addition to the face value of the bad checks and any fee's owed to the bank and the merchant, be prepared to have court costs and attorney's fee's added to what ever amount you owe and must payback.
If you fail to keep up your payment plan another warrant will be issued and you would be arrest again. It would be close to the same situation as the first time.
Eventually, you will pay off the debt or spend some time in JAIL.
2006-11-24 04:01:10 · answer #3 · answered by danielsexton17 2 · 0⤊ 1⤋
It's highly unlikely unless you've deliberately run up debt with the intention of not paying it back.
The courts look on Banks and Loan companies in a low light because they do go out of their way to encourage us into debt.
You might like to read the article below to give you a better understanding.
2006-11-24 03:11:27 · answer #4 · answered by Peter M 2 · 0⤊ 0⤋
A person can go to jail for not paying the banks overdraft charges, but we have no debtors prison any longer for not paying bills.
2006-11-24 02:55:00 · answer #5 · answered by Anonymous · 0⤊ 1⤋
In most spots in the USA, writing bad checks can result in jail time. It is considered a form of theft.
However, for the most part that doesn't happen. Usually the jailed person is a chronic repeater, or there are other charges involved.
My local "super Walmart" style store told me they get over $1 million annually in bad checks.
2006-11-24 02:49:58 · answer #6 · answered by geek49203 6 · 1⤊ 1⤋
no you can not be put in prison for owing money there is no debtors prison how ever you could be taken to court where they will most likely win a judgment against you and have your wages attached
2006-11-24 02:44:01 · answer #7 · answered by daizzddre 4 · 0⤊ 1⤋
No. (In the United States of America)
2006-11-24 06:31:33 · answer #8 · answered by Anonymous · 0⤊ 1⤋
Yes you can. Bank is automatically federal. Which leads to felony charges.
2006-11-24 02:50:02 · answer #9 · answered by esanju20022002 2 · 0⤊ 1⤋
you won't go to prison unless there is some fraud involved.
but it can make a big terrible impact on your life.
best to pay your debts. after all you promised, and you signed your name.
2006-11-24 02:45:47 · answer #10 · answered by Sufi 7 · 0⤊ 0⤋
Could possibly get charged with fraud, so the answer is YES, you could go to prison.
2006-11-24 02:41:35 · answer #11 · answered by hello 6 · 0⤊ 1⤋