Discover what are the results to payday advances in bankruptcy, and some unique problems with respect to these payday loans.
Updated By Cara O’Neill , Attorney
In many instances, it is possible to get rid of (discharge) an online payday loan in Chapter 7 bankruptcy or pay some element of it in Chapter 13 bankruptcy (frequently a tiny part). Nevertheless, unique issues occur that you’ll want to consider before filing bankruptcy if you borrowed from cash for a cash loan, pay day loan, or comparable debt—especially in the event that you took it away soon before filing for bankruptcy. (más…)