The entire process of individual bankruptcy in Canada discharges most personal debt, including payday advances.
You are considering claiming bankruptcy, here are the issues to consider if you have payday loans and:
Have you got other debts? The common cash advance is generally $1,000 or less, therefore if your only debts are 1 or 2 pay day loans, bankruptcy may possibly not be your option that is best. A far better approach can be to sort out re payment plans aided by the pay time financial institution, for which you spend them over a length of time. Read More …