I am so scared

Yes you can file on them. I would recommend that you close your bank account immediately and open a new one.

They wouldn't ever be able to collect but I am willing to bet they wouldn't stop harassing you (the unlicensed ones) even after you filed. There are many unlicensed lenders who are located overseas (and some who aren't but still unlicensed), therefore they didn't follow the law to begin with and probably never will. Perhaps it might be a good idea to find out who is and isn't licensed lenders (pdl's), at least then you have a heads up that they may harass you anyway.

All the pdls are storefront, they are legal, do you think i will have a problem filing on the 2 that are only a week old. I did not get them knowing i would be filing bankruptcy. I had to fly home for a funeral. that is when my mom told me she would pay for the bankruptcy. I didnt commit fraud with them. I am just scared they will say i did. Also, once i retain a lawyer i wont have to deall with the harrassing right? since they are legal companies, the have to follow the law and contact the lawyer right?

You may have a problem filing on a loan you just took out, I believe there is some type of time frame on the debts you can file on but I'm not sure what it is, if there is such a thing. Keep checking back for more replies.

I believe shazzers is correct about the time frame on filing on debts. For one they have to be in default.

that is INCORRECT that debts have to be in default before you can file bk! There are time limits and amounts on credit card debt before you can file on them and there may be on pdl's as well but I'm not sure. You may want to check in the BK forum for info. Wosrt case scenario is you file on everything else and then (the court/your lawyer) would arrange payments for you on the other. Don't worry it will be okay-been there, done that, got the t-shirt!:)

i put my payday loans in bankruptcy in 2006. but they were never legal and harrassed me anyway. i was able to do it though (i just wish my attorney knew that they were not legal!!)

If you have commited to filing, then file. Maybe 1 out of 100 legal lenders will challenge the filing, but I would not worry about it. In fact, we had an atty in one area that would direct his clients to get a PDL for the intial payment of his fee and he would include the loan in the BK. Real ethical!!

The most important thing to remember is that if you are filing BK, then include EVERYTHING!! Do not keep on item or two out because you feel guilty. Whether you file on everything or just a few items, it looks the same on your credit report!

i agree with pdl owner - include everything. my regret was that the loans were a huge bulk of my debt and i already over paid! :(

True-include everything, you don't have to worry about what to include and what not to include before you file. After you file its then up to the pdl to object and challenge you. Most places are'nt going to bother doing that over a couple of hundred dollars. If they do challange and win thats when the court and/or your lawyer would set up the payments for that individual debt.

Close your bank account, change your phone number (unlisted too). Stop paying. Retain a lawyer..done