general question
could bankruptcy cover traffic court fines that go to collections or will it cover payday loans that have been delinquent?
Asked on 11/01/06, 7:49 pm
2 Answers from Attorneys
Carl Starrett
Law Offices of Carl H. Starrett II
Re: general question
You can discharge payday loans in bankruptcy as long as you did not fraudulently obtain the loan. Criminal fines and penalties cannot be discharged in bankruptcy, but you can pay them over time in a Chapter 13 bankruptcy.
Answered on 11/01/06, 7:59 pm
Mark Markus
Law Office of Mark J. Markus
Re: general question
Just to add to Carl's answer: In a Chapter 13 you may be able to pay less than 100% on the traffic fines, depending on your budget and other factors.
Answered on 11/01/06, 8:09 pm
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