Legal Question in Bankruptcy in California

Pay Day Loans

Can pay day loans be declared in bankruptcy?


Asked on 4/04/05, 10:03 pm

3 Answers from Attorneys

Robert F. Cohen Law Office of Robert F. Cohen

Re: Pay Day Loans

Yes, as long as they're not incurred in anticipation of bankruptcy.

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Answered on 4/04/05, 10:56 pm
Mark Markus Law Office of Mark J. Markus

Re: Pay Day Loans

Yes, they are dischargeable.

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Answered on 4/04/05, 11:40 pm
Gary Fraley California Bankruptcy Attorneys

Re: Pay Day Loans

Hello, I am Gary Fraley founder and owner California Bankruptcy Attorneys. I have been practicing bankruptcy law for 27 years. I am one of only 93 state bar certified bankruptcy specialists in the whole state. My office is in Sacramento but I do bankruptcy cases statewide. Your bankruptcy would be filed in Sacramento because Vallejo is in the Eastern District of California. I do a free attorney consultation by phone. There is no charge, no pressure and no obligation for me to look at your situation and advise you of all your options. You can find out more about me and my firm at ca-bankruptcy-attorneys.com.

As to your question, yes they are dischargeable as any general unsecured debt normally is. The only way they would not be dischargeable would be if you were writing these chacks with the intent to never pay them because you were already planning on filing bankruptcy.

If you want me to give you a free attorney consultation just call my staff at 1-800-675-1005 and they will be happy to set up the appointment

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Answered on 4/13/05, 4:18 am


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