money & finance

jus Asked:

My wife and i have 2000 dollars worth of payday ...

my wife and i have 2000 dollars worth of payday loans. our bank account is overdrawn. if we default on our loans, what would be the legal consequences?

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2 Answers

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Ol' Yeddar Answered:

What does your contract say? I am betting that this document will spell out the legal consequences.

Jay

Posted 2 years ago

Keep close to Nature's heart... climb a mountain or spend a week in the woods. Wash your spirit clean.* Victims of circumstance owe it to fate. Victims of choice owe it to themselves. *Band of One.

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Pete Answered:

Well I bet you would get a ton of harrassing phone calls then eventually you would be taken to court.

Posted 2 years ago

Here are some useful links for information on <a href="http://www.budgetplanners.net/bankruptcy.html" rel="nofollow">bankruptcy</a> , <a href="http://www.budgetplanners.net/" rel="nofollow">debt consolidation</a> and for getting help with <a href="http://www.budgetplanners.net/credit_card/debt_advice.html" rel="nofollow">credit card debt</a> .

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