QUESTION
I am drowning in payday loan fees. Is there a way out?
Asked on Feb 04th, 2013 on Debtor and Creditor - Pennsylvania
More details to this question:
I have 13 payday loans out as I had to keep taking more to cover fees. All of my bills are overdue. My paycheck is no longer mine. Can you please advise.
1 ANSWER
Bankruptcy Attorney serving Collegeville, PA
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Nahrgang & Associates, P.C.
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When you have difficulty paying debts, you should consider bankruptcy. there are 2 non bankruptcy alternatives which should also be explored. One is negotiation which most people find difficult or impossible to do. Another is doing nothing which may result in a lawsuit by the creditor.
Feel free to call or e-mail me on a free initial basis to discuss the facts and which option is right for you.
Answered on Feb 10th, 2013 at 2:52 PM