Legal Question in Bankruptcy in Texas

Pay Day Loans

What kind of conditions apply to discharging payday loans in a bankrupcy. If I recieve a 1200.00 advance loan prior to filling and then close the bank account can I discharge this debt?


Asked on 6/22/05, 9:30 am

1 Answer from Attorneys
Dinesh Singhal Singhal & Associates

Re: Pay Day Loans

May be. Depends on your intentions at the time you got the money. If you intended to file bankruptcy and not pay the advance, then a creditor can file a complaint to stop you from discharging the same.

Dinesh Singhal

713-222-8500

Licensed to practice law in Texas, California and New York

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Answered on 6/22/05, 10:33 am


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