Can I Include a Payday Loan in My Chapter 7 or Chapter 13 Georgia Bankruptcy?

Payday loans can be discharged in Chapter 7 or Chapter 13 Georgia bankruptcy case.

Chapter 7 or Chapter 13 Georgia Bankruptcy

Many debtors take out short-term payday loans because they simply feel that they have no other alternative for obtaining debt relief in Atlanta, Georgia. However, as many have discovered, payday loans only create more problems and further weaken an already fragile financial situation. The good news is you can list your payday loans in your Chapter 7 or Chapter 13 bankruptcy case in Atlanta, Georgia.

Although payday loans are a way of obtaining fast cash, is not advisable to take payday loans under any circumstance. Payday loans are highly controversial because the annual interest rates charged can be as high as 500%. In fact, the military considers them so risky that it has banned active duty members from taking out such loans. For example, with an annual interest rate of 500%, a loan of $200 will become a debt of $1825 in just one year. Fortunately, Chapter 13 and 7 bankruptcy filings in Atlanta, Georgia can discharge payday loan debt. Often, debtors who have payday loans also have other significant financial problems, such as car repossession, foreclosure, and high credit card balances that can be resolved by filing bankruptcy in Georgia. Debtors often take payday loans to keep their cars or homes, but many people do not know that they can keep their cars and keep their houses even when they file bankruptcy in Atlanta, Georgia.

Chapter 7 and Chapter 13 Bankruptcy in Atlanta, Georgia

If you are struggling financially and taking payday loans to keep up, you may want to consider filing bankruptcy in Atlanta, Georgia. Please contact the Law Offices of Charles Clapp at 404.585.0040 to schedule a free initial consultation.


Charles is absolutely a brilliant attorney! He is a critical thinker and determined problem solver. He is very accessible, even via text. If he is in court, his ability to multi-task, you can feel safe and secure in knowing he is handling any issues or concerns. I entrust him with my future, he is a uniquely talented attorney who always challenges himself to achieve the absolute best outcome for his clients.



I was very satisfied with Mr. Clapp services. He is a man of his word and did everything he told me he would. I would highly recommend him.



I came to Mr. Clapp by referral with a complicated case involving both personal and business debts that were out of control. Mr. Clapp evaluated the situation and gave me options that I was not even aware of. He knows his stuff, executed flawlessly, and I have been able to start over. I highly recommend Charles Clapp if you have debt or bankruptcy issues. Listen to his advice, he knows his stuff. I consulted with several other bankruptcy attorneys prior to retaining Mr. Clapp, and they did not have the same breadth of knowledge that Mr. Clapp brought to my case.



I selected Charles Clapp to handle my bankruptcy based on his already positive reviews and I am glad that I did! He was very accommodating to my schedule and made my negative life experience positive. I was actually very surprised how easy he made the process. Life happens and it’s great to be represented by someone that understand that!!! Stop your attorney search with Charles Clapp!!!