Re: I have overdrawn money with Neteller, Firepay, and IGM Pay
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I work for Citibank and I can tell you that companies being out of country have nothing to do with their ability to collect a debt. Your best bet is to come clean with all involved parties and make arrangments for reperations. The last thing they want to do is take action against you. That costs money, typically, with Citi anyway, we'd rather work out a repayment plan. Good luck.
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The differnece is though, this is largely unenforceable quasi-legal gambling debt. Its not the same as if OP had bought goods from a foreign corporation
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It's not a gambling "debt", as he was not borrowing money. He is not paying off a debt; rather, he was starting an account (or refilling an account). He wrote a bad check. Refusing to pay your debt to a credit card company, for example, is not a criminal action. Writing them a bad check is. Writing a bad check on an account that you rush to close before the check hits is clearly intentional. My sister the DA tells me the common penalty for this is between 25 hours of community service up to 30 days in jail.
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The law of e-checks is very unsettled, and I'm not even sure that Neteller and Firepay are actually e-checks anyway. I interned in a major metropolitan prosecutor's office for 2 years and I never heard of a bad check prosecution for an e-check.
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That may well be true. I'm not saying that he's going to be prosecuted or that they'll even do anything to wreck his credit. I'm just saying that writing a bad check is not the same as refusing to pay a debt.
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I'm not disagreeing with you there, I'm just saying that what he did may not be considered a check, and may in fact be considered a debt.
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Ok, that may be true. I guess it all comes down to how you interpret the Check Clearing for the 21st Century Act (effective October 28, 2004: also called Check 21). The way i read it, it appears to treat bouncing e-checks the same way as regular checks. Whether or not banks will attempt to prosecute in the same manner is another question.
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