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(Learn the details on rules about recent cash advances and debts in bankruptcy. ) Will the Payday Lender Win its Objection to Discharge.

Payday lenders that challenge the discharge of payday loan debt are often unsuccessful in bankruptcy court. This is because many bankruptcy courts do not look favorably upon payday lending practices and require the payday cash loans in atlanta georgia to prove that you acted with fraudulent intent.

Was there fraudulent intent. Many times, payday loans are not one-time loans or advances. Instead, a borrower falls into a long-term pattern of taking payday advances to pay the exorbitant finance charges and balances on prior payday advances.

Because of this cycle, borrowers end up relying on the high-interest payday loans as a source of income. In this situation, courts often find that (1) there was no fraudulent intent, and (2) that the payday loan is a single debt that dates back further than the most recent payday advance. How to Avoid Problems With Payday Lender Objections to Discharge.

Cash loans in atlanta georgia