Trapped by an Unscrupulous Payday Loan Company?
There are many perfectly good reasons why a person would go to the corner payday loan shop for an advance on their paycheck. Perhaps you needed some quick cash for a car repair so that you can continue to get to work. Or maybe a friend was in need of some emergency money and you're the type of generous friend who likes to help out. Or maybe you needed money to pay a utility bill to keep the lights and the heat on.
There are many good reasons for a payday loan, but not a lot of good results.
At Joyner Law Office, we have heard all the horror stories about payday loan companies. We've seen people end up paying $2,300 for a $700 loan. We've heard about nasty collectors. We know that interest rates can be an unbelievable 300%.
But we have some good news for you. If you file for bankruptcy, your payday loan creditors are no longer allowed to talk to you. When they call, you simply say, "I've filed for bankruptcy. Contact my attorney." The payday loan collectors must stop calling you. If they don't — then you let us know and we will take care of it for you. There are payday loan collection laws to protect you.
A Chicago Bankruptcy Attorney for Payday Loan Debt Relief
As a bankruptcy lawyer, Veronica D. Joyner has helped a number of Chicago residents whose lives were made miserable by harassment from payday loan sharks. There are several options available, and we can help you decide which one is right for you.
- Chapter 7 bankruptcy — If your payday loans are not recent, you may be able to file for a Chapter 7 bankruptcy. If your filing is successful, all of your eligible debts will be liquidated with a few exceptions. Harassment from the payday loan sharks is required to stop immediately upon filing.
- Chapter 13 bankruptcy — If you have a recent payday loan (within four months), you may be forced to file a Chapter 13 and repay a portion of your debts to a trustee who then pays the payday loan company. Creditor harassment is required to stop immediately upon filing.
Act Now to Stop Harassment From Payday Lenders
If you are feeling stressed and are in desperate need of payday loan debt relief, Joyner Law Firm can help. Our firm focuses on bankruptcy law and other debt relief methods available in Illinois. Call our toll free number, 888-675-4569, or send us an e-mail to schedule an initial free consultation with an attorney.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
