Check Cashing Places

[kms77]

Hello. I was wanting to ask a question. I worked at a company called HH Gregg and I interviewed for a job at Checksmart. Well I was interviewed by the assistant manager and she told me I had the job and that I was going to start on January 3rd so I gave my 2 weeks notice to HH Gregg and then I later found out that I didnt have the job and it was too late for me to take back my 2 weeks notice. Well I owed checksmart some money and I wasnt able to pay them back and now they are threatening to sue me. I actually want to know a couple things. I was told that judges generally look down on check cashing places like that and I wondered if anyone knew if that was true or not? My other question is if that is dischargeable through bankruptcy cause they said at checksmarts corporate office that it isnt but when you borrow money from them and sign the contract that you're going to pay them back it states on that contract that your promising that you're not going to be filing bankruptcy before you pay them back. Any insight anyone could give me on this is greatly appreciated. Thank You :o [email protected]

[HHM]

That is a wierd tale, but to answer your question

Judges probably do look down on these payday loan places but that doesn't mean they will not hold-up and enforce a valid contract (you will probably lose if you go to court). However, the debt is discharable in Bankruptcy.

Incidently, why did you interveiw at a place you still owe money too.

[kms77]

The only thing I could say about that is that I went temporarily insane or something plus I hated the place I was working at the time and it was going to be better pay and better hours and I was going to pay them off before I started the job. Thank You for your insight HHM.

[Dawn1970]

KMS,
I think all check cashing places have in their 'small print' that filing BK won't alleviate a debt to them but this doesn't hold up in court. It will get discharged. I should know; I owed money to 3 of them when I took Chapter 7 and I had no problems.

[nomoneygirl79]

Can you stop payment on the payday loans or how can you stop paying them?? Do you just file bankruptcy? I'm headed in the same direction, but I have 5 loans.. its ridiculous. They suck you in.

[Dawn1970]

Yes, simply stop paying them and ignore their phone calls that will inevitably occur up until you file BK. You may want to close the checking account too since they will try the obvious- presenting the checks for payment even though there aren't sufficient funds.

[nomoneygirl79]

Will they call you at work or your employers or anything like that?? Or did you have an experience with that at all? I'm sure they will do anything to recover their funds. But good lord.... I can't keep paying them.. its ridiculous.

[Dawn1970]

They'll probably try calling you anywhere they can find you but you just have to get really good at dodging their calls. Once you file for BK and can produce a petition number, they have to leave you alone.