September 6th, 2011 by Questions
I am currently in bankruptcy, but have received payday loans which I cannot pay off. Can these be added to my bankruptcy or do I have any options to try to pay them down?
Posted from: Alberta
September 06, 2011 at 5:34 pm, Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy said:
The bankruptcy can only include debts that relate up to the date you filed. You are not able to add any debts to the bankruptcy that were incurred after the fact. As for options, really you don’t have many options and are forced to either explore a consolidation loan or potentially make arrangements directly with these payday loan companies.
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