Bank, know that the feeling of fear and uncertainty before a trial due to debts is a normal feeling that always accompanies every debtor in such situations. Anyway, you agree with me that not only before the trial you are accompanied by stress, but also the awareness of unpaid payday loans or loans is quite exhausting.
The debtor’s stress is also caused by prompts, urgent calls, debt repayments or visits by local debt collectors. Unfortunately, this is not the end of your worries, because the bailiff’s execution can also give a man a bite, and yet when you hit the bailiff by vocation, life in general becomes a gray sad color.
This is unfortunately true, you can go to jail for debts, but not for all debts, luckily, can you imagine how half of Poland suddenly disappears and prisons burst at the seams? rather it’s a rather abstract vision right? The applicable law does not allow a debtor with outstanding payday loans, credits or loans to go to prison! Yes, you can get behind the bars for debts, but only in cases where we deliberately tricked these loans or advances by providing false information, eg on our earnings or a false employment certificate.
In what situations can you go to jail for debts?
Who, in order to thwart the execution of a decision of a court or other state authority, thwarts or reduces the satisfaction of his creditor by removing, hiding, selling, donating, destroying, actually or apparently encumbering or damaging components of his property seized or threatened with attachment, shall be punishable by deprivation freedom from 3 months to 5 years.
- Evasion of child support payments. It is precisely about deliberate concealment of income through black employment (without a contract), or deliberate failure to seek employment despite being able to work.
- Extortion of payday loans, loans or credits. So it’s about making commitments based on falsified income or employment certificates.
Who, in order to obtain for themselves or someone else, from a bank or an organizational unit conducting similar economic activity pursuant to the Act, or from a body or institution with public funds – credit, cash loan, submits a counterfeit, converted, certifying untruthful or unreliable document or unreliable written statement regarding circumstances of significant importance for obtaining the said financial support involves imprisonment from 3 months to 5 years.
Can I get to jail for payday loans and credits?
Having a debt within the country is not punishable, so you should not have the fear that you will be put behind bars for unpaid obligations. It also does not matter what type of debt you currently have, whether it will be payday loan, quick loan or loan for any purpose.
After all, life plays various tricks and no one can predict loss of job, reduction of earnings, accident or other unfortunate event, which mainly affected the financial situation of the person contracting the obligation.
Be sure to read the article here: what are the consequences of not paying back payday pay? You must know today what awaits you.