Barton Goth – Goth & Company Inc. -Trustee in Bankruptcy said...
Pay day loans are considered to be an unsecured debt in a bankruptcy and are cleared just like any of your other debts. The only real exception is if you have fraudulent misrepresented yourself when obtaining these pay day loans (i.e. told them you were making $100k per year when you were in fact making far less).
Pay day loans are considered to be an unsecured debt in a bankruptcy and are cleared just like any of your other debts. The only real exception is if you have fraudulent misrepresented yourself when obtaining these pay day loans (i.e. told them you were making $100k per year when you were in fact making far less).