pay day loans
can pay day loans be a part of bankruptcy?
1 Answer from Attorneys
Re: pay day loans
Yes, they can. In fact, someone having lots of payday loans is the second most common factor in the bankruptcy cases we file every month. We eliminated around $30,000 of payday loans just last month.
The exact way they are handled depends on whether your bankruptcy is a Chapter 7 or a Chapter 13. But whichever type is filed, payday loans can be made a part of it.
Rustin Polk, http://www.214bankruptcy.com
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