How would a payday loan company be handled in a ch7 case. For instance, a check has been written to secure a payday loan, the loan is due on your next payday. Can that company be listed as a creditor and that loan be discharged?
Since a check has been written to secure the loan, how does the law view that in reguards to bad check laws etc? In the eyes of the law, is it legal to close the bank account connected to the check in question followed by filing the ch7 case?
Stevefis
Since a check has been written to secure the loan, how does the law view that in reguards to bad check laws etc? In the eyes of the law, is it legal to close the bank account connected to the check in question followed by filing the ch7 case?
Stevefis
