Apr
28
what happens is you are being taken to court for a payday loan?
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I am being taken to court for a payday loan in 2004 but I am in the process of paying of my bankruptcy. What do I tell the judge at court. And can they charge me over $4000.00 interest. are they are laws again them doing do.
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6 Comments
April 30th, 2009 at 3:25 am
Did you name this payday loan in your bankruptcy? Is it a chapter 7 or 13? A chapter 13 is basically a repayment plan, it sounds like thats what you did?
If you didn’t name the payday loan in BK, then you still owe it! If you did, then there should have been arrangements for the payback in BK, and you need to talk to the attorney handling the lawsuit. If they don’t cooperate, take your BK paperwork to court with you to show the judge.
Again, if you didn’t include the payday loan in your BK, you are stuck with it. See my answer to your similar question about settling out of court.
May 1st, 2009 at 9:37 pm
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Brown Mclain(C.E.O)
May 11th, 2009 at 12:23 pm
Sorry nothing you can say will change the fact that you owe them and the interest and damages and fees. You signed the contract and knew the payments sorry but you put yourself in this situation and now it is time to pay the piper