Friday 20 July 2012

Your Questions About I Can't Pay A Loan

Donna asks…I lost my job and now can't pay off two pay day loans. I can't get a loan and debt consolidation can't help...How do I fix the sitaution? It is ruining mine and my families life?admin answers:You have 2 options - Ignore the situation and hide out, or if you've exhausted all other avenues file a Bankruptcy.

With no income and I would guess limited assets you should be able to file a Chapter 7 bankruptcy and Discharge all of your debts. If you have a car with less than $5,000

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