0
No, they should be listed with all debts you want discharged, provided they were made before you filed. If the payday loans were borrowed before you declared bankruptcy and they are discharged make sure you do not pay back a penny on this debt, or you will owe it!! Payday lenders know how to use every trick and how to use the legal system better than you do!
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
How do paydayloans actually work?
Payday loans have variations, but mostly work on the assumption that you will pay right back on the day you get paid, and you get the loan days ahead.
Do you have too pay any of the mortgage back after a chapter 7 bankruptcy?
no you dont have to
When a person is relieved of ever having to pay back debt as a result of bankruptcy is called?
a happy person. :)
How to remove unpaid bills from previous years?
Bankruptcy is about the only way, although you could technically pay them or consolidate them (into one loan, which you then pay back).
Who are paydayloans biggest competitors?
Recently, pay day loans are experiencing competition from other banks and credit unions. This may cause the pay day loan industry to lower their rates with the newer competition entering the field.
If your bankruptcy has been discharged but your house is still in your name do you still have to pay back taxes?
A bankruptcy is not discharged. Debts are discharged. Real estate taxes are a lien on the real estate and would not usually be discharged. Talk to your bankruptcy layer.
When a company files for bankruptcy do they pay other companies that sre owed money?
Yes, they are required to pay back their debts, but sometimes its not as much as the original amount.
Does the declaration of bankruptcy permanently absolve an individual of the legal responsibility to pay back a personal loan made to them at an earlier time?
NO
If you are unemployed can you pay off the bankruptcy yourself?
If you are unemployed, your benefit compensation would hardly be enough to pay off a bankruptcy.
Student loan after bankruptcy?
You pay it.
How do you file for bankruptcy in South Africa?
Bankruptcy is a legal proceeding whereby an individual or a business can declare an inability to pay back debts. Bankruptcy allows individuals or businesses to either restructure their debt and pays it back within a payment plan , or have most of their debts absolved completely.
What happens if you receive a pay rise after bankruptcy?
If you receive a pay raise after filing for bankruptcy, it will not change things. In fact, the pay raise will end up being surrendered.
