American Savings Discount Club is out of business and STILL rips you off!

I finally received a loan from this company after numerous phone calls and faxes. I deposited a check for $500 in September and a copy of the check is coming back "account closed". Well, thanks for the loan people! I am on a limited budget (hence the need for the loan), and I was laid off January 11, so now I will be out NSF fees also. I have worked at banks before and I can't understand how a copy of a check can come back account closed after 4 months. It was sent back to the bank as a late return, but my bank notified me today that the check is coming back, saying that the Fed and the other bank that the check is drawn on, is legitmate. Why? Mainly because the company went bankrupt and they are trying to recoup all of their money. I can't get an attorney because the attorney fees would be more than the total amount that I am out. Janet Ft Worth Texas