The purpose of shorter duration loans is to provide the borrower temporary financial relief. Such loans are not a long-term financial solution. Persons facing serious financial difficulties should consider other alternatives or should seek out professional financial advice. This website is not an offer to lend. WhiteRockLoans. com is not a lender and does not make loan or credit decisions. WhiteRockLoans.
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For example, you cannot run up a speedy loan cash caiifornia amount of debt and then immediately declare bankruptcy. In the case personal loan fort worth tx Pay Day loans, the general rule of thumb is that any loans speedy loan cash caiifornia more than 750.
00 and that were taken out within 70 days before the bankruptcy are considered fraudulent. Any debts that are determined to be fraudulent by the bankruptcy court are generally non-dischargeable and cannot be included in a bankruptcy settlement. It is up to the PayDay loan company to prove that these loans were incurred after the cut off date. Your bankruptcy lawyer can further review your particular situation to determine if bankruptcy on payday loans is the best course of action.
The decision to declare bankruptcy is never an easy one, but when Pay Day and other loans become too much to bear, it is a solution that can work for many. Need debt relief in Las Vegas. Bankruptcy attorney Anthony DeLuca can help. Call (702) 252-4673 for a free consultation.
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