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can a collection agency say they will issue a warrant for arrest?

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can a collection agency say they will issue a warrant for arrest?

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I recieved a call from a guy called himself lopez all he said was that he represents a law firm but didnt say who i googled the number and found its from a c a recovery and they seem to claim that they are lawyers collecting debts i am sure that they are trying to collect froma payday loan i have he said this is final time he will call me and i have until 5 pm to call him back or else tommorow morning it will be turned over to legal reps and that they will issue a warrant for my arrest anyone here dealt with these people

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