I'm stuck in a horrible cycle to repay a loan before and after returning the next day to get the money to pay the next . I'm going to file Chapter 7 bankruptcy . It takes about 3-4 months to complete. What should I do with the loans I owe now? Please help ! thank you
I have two payday loans just before filing Chapter 7 bankruptcy to help with court filing fee Chapter 7 . I filed Pro Se . Both loans was $ 500. Do I have to pay ( or reaffirm ) them as they were under the $ 750.00 ? . Also bearing loans less than 70 days of the bankruptcy filing . I did not know this before submitting . Only after doing research I found this .
Will filing for bankruptcy protection and supersede any contract made with a creditor , including payday loans ?
My lawyer is one of the best here in my town. I live in Mississippi. I told him that I had 2 payday loans out. He said not to pay them and include them on the the bankruptcy list of debts. I have be recycling (paying them back and rewriting the checks the same day) the loan for the past three months. I get paid every two weeks....so that means that I have become dependent upon them for my needs to be met. They should have told me "no, you can't continue to rewrite this many times (over 6-10 times in a row)..but they didn't. I know my lawyer is supposed to know best...but I am still nervous!!! I guess because they keep calling me and leaving voice mail. Anyway, is it safe to do this.
My lawyer is one of the best here in my city . I live in Mississippi . I told him I had two payday loans out . He said he did not pay them and include them in the list of default on the debt. I recycling ( paying back and rewrite the checks on the same day ) the loan in the last three months. I get paid every two weeks .... which means that they have become dependent on them to meet my needs . They should have told me
I have seven of them out , and I'm in way over my head , I do not want to do anything illegal , but I'm out of this lifestyle .
I ran into some financial problems after getting sick , and I 'm finding it difficult to catch up. I 'm only 21, so I'm not worried about making big purchases involving credit. I'm just worried about my student loans , and if I will be able to continue to borrow from my Stafford and Perkins loans to get me to college ? Does anyone know anything about this?
I'm thinking about filing Chapter 7 unless you can find a way to pay old debts and have it removed from my credit report to improve my credit score . Will filing Chapter 7 increase my chances of being approved for a student loan ? Is there any way to avoid Chapter 7 and just pay old debts and erased it from my credit report ?
I live in Ohio and I have read about the new law and I 'm confused - under limited luxury good 310 sec says
I have an appointment to speak with a lawyer tomorrow , but I have curiosity . A family friend borrowed a large sum of money from my father a few years ago . Everything is legal and documented with signed contracts, etc. My father passed away about 2 months and now feels that the debtor is not required to pay the 75k fof we should , which is a secured loan on our house . The original loan had to be repaid within a month. It was a quick flip of a house that went wrong and the debtor fucking bad . Even before my father died was not paying on time and my father had to chase for payment each month . If bankruptcy occurs , will we still be able to go after him for the loan ?
Originally obtained a payday loan to help with some bills . Then I had to get another to pay the interest and so on and so on as well now I have 10. I have other debt as well and I have to file a Chapter 13 bankruptcy so I can return to my feet . I can include ? Payday loans despite recently reached some of them , but all of them are behind yesterday ?