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I live in a state where pdl's are legal, Nebraska, I have contacted all (7) that I dont have the funds to rewrite and that they would have to cash the checks. does anybody know if i face jail time? not as one person told me it was a felony, and the check would be going to the county attorney. I want to pay them off, but cant all at once.
Debts are civil case, not a criminal offense. So you can’t go to jail for nonpayment of your debts. If your lenders are licensed, then you are liable for both the principal and interest. In this case you may try to consolidate your all debts into a single monthly payment. But if the lenders are illegal, then you owe them nothing more than the principal balance. In this case it would be better for you to close down your old bank account and open a new one to stop debiting money from your account.