EXPRESS CHECK ADVANCE RIPOFF MAKES PERSONAL THREATS WHEN THEY ARE NOT SUPPOSED TO WHAT DO I DO? Norfolk Virginia

Before you are given a loan you are given a Borrowers Right's and Responsibility pamphlet which gives you numbers to Richmond to report illegal business practices pertaining to PayDay Lenders. I have been in the business for 5 years and I can tell you there are laws that the payday lenders must obey. You said that they keep hitting your account if the company is in Virginia it is illegal to ach an account.(Especially payday lenders) You can make payment arrangements with these people, but if they tell you No!! That is not right you can pay off your loan in payments if you become deliquent. You must make that effort. I hope this helps you.

Next time these morons call you, tell them to go right ahead and do what they are saying they are going to do. Tell them if they want to start harrassing you and your family, then you will have no other option than to file Chapter 7. If you are being garnished now, filing would stop that also. Don't be too concerned about your credit after filing, they say your credit actually improves. A family member filed in 2003, and since then, they have been able to get 2 autos fianced at a regular bank, and bought a home. They disputed their credit reports as inacurrate right after the BK, and because they were reporting inacurrate info, they removed it. They even disputed the BK and got them removed. A fresh start would do you good. Good Luck.

If you're already being sued and garnisheed, you may be too far gone to recover.

Discuss with a bankruptcy attorney. Almost all offer free consultations.

If you commit fraud to get money from someone, then yes, you can be arrested. But, nobody bothers to call you up and warn you. The cops show up, and haul you away. No phone call. No warning. Simple as that.

But, when someone calls you and claims they are sending the cops over, they are lying to scare you. You see, it's not against the law to borrow more money than you can repay.

In fact, the lender is supposed to watch out to prevent that from happening. That's why there are credit agencies to help him.

So, when someone calls and claims he's sending the cops, laugh it off. Ask them when they're coming. Tell the guy you're right in the middle of Gilligan's Island on TV. Ask him to wait 30 minutes, and then send the cops over.

That will show him you're not the least bit worried.

They say a fool and his money are soon parted. If these lenders are that stupid that they lend money to people who can't pay it back, they need to go back and read that saying again.

Bottom line, if you can't pay, don't worry about it. Chances are the problem will take care of itself. When you never pay, people stop loaning you money. Once the loans stop, so do the threats. Problem solved.

It sounds like you need some serious credit counseling, K. What you've written makes me think you're in way over your head.

The other posters are right about the police threats. Don't sweat them. If they had the power to send the police to arrest you, they would have done that already.

Not only do you have the loan sharks after you, you also have a credit company garnishing your wages. Please get some help from an agency that will put you on a budget and help you sort out this mess.

If you don't know where to go, call your local representative's office and explain to them your problem. They will steer you in the right direction and possibly recommend a credit counseling agency.