QUESTION
Can payday loans still take money out of my checking account after I filed chapter 13?
Asked on Dec 07th, 2016 on Bankruptcy - Oregon
4 ANSWERS
When you file Chapter 13, the automatic bankruptcy stay goes into effect immediately, which forbids creditors from pursuing all kinds of collection activity. So, no, when you file Chapter 13 the payday loan company can no longer take money out of your account.
Answered on Jan 31st, 2017 at 6:17 AM
1 Award
Only if your checking account is still open.
Answered on Jan 31st, 2017 at 6:16 AM
They need to be aware of the Chapter 13 for you to collect damages for them doing this. While it is not SUPPOSED to happen, unless your attorney makes some extra efforts, it can happen and getting the money returned will be a problem.
Answered on Jan 31st, 2017 at 6:16 AM