Legal Question in Bankruptcy in Texas

Can I claim payday advances or check loans

I need to know if I can get help through bancruptcy with payday advances or check loans. I have taken out way to many and it takes everything I have just to make the interest payments and I am not gaining anything. My wife is trying to get disability so I am the only source of income.


Asked on 9/15/06, 11:15 pm

1 Answer from Attorneys
Andrew Nichols Law Office of Andrew B. Nichols

Re: Can I claim payday advances or check loans

Yes, you can wipe out payday loans by filing bankruptcy. Did you know many of these companies are charging people between 60% to 200% in interest on an annual basis. This is outrageous and many states are starting to ban these companies. Please feel free to contact me to discuss your particular situation in more detail.

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Answered on 9/16/06, 11:30 am


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