Is Bankruptcy a Solution to Payday Loans?
Bankruptcy certainly can be an option. Payday loans and the interest or fees associated with them are almost always dischargeable in Bankruptcy. Don’t let payday loans suck away all you hard-earned money. If payday loans and lenders holding you and your family hostage you should consider your Debt Relief options under the Bankruptcy Code. The Discharge in Bankruptcy may be of assistance with payday loans. If you qualify for Bankruptcy you may also be able to stop creditor harassment, stop foreclosure, eliminate or significantly reduce credit card debt, medical bills, and certain taxes.