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 Posted: Tue Jul 22, 2008 12:40 pm Subject: Payday Loans & Bankruptcy |
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Has anyone filed for Chapter 13 BK with Payday loans included? If so, what happened to the PDL's - did you have to pay back the total amount, was it reduced, was the interest eliminated?
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desperatelyseekingsanity
Joined: 09 Jun 2007
Posts: 643
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| Posted: Tue Jul 22, 2008 2:35 pm Subject: |
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Anybody?
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desperatelyseekingsanity
Joined: 09 Jun 2007
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Debtcc Points: 2806
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| Posted: Tue Jul 22, 2008 2:39 pm Subject: |
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First of all, are your payday loans internet or storefront? I filed a ch 13 bk and included both internet and storefront. None of my internet ones filed a claim to be paid, but 1 storefront did. My attorney set up my plan for my unsecured creditors to only be paid 2% of the debt. None of my creditors had any objections to this. Good Luck!!
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