Yes. While there are some who believe that subprime lending such as payday loans are a benefit to society, I only see the downside. It typically turns into an endless trap due to the usurious rates of interest that they have lobbied the legislature to exempt them from collecting.

Because they do a lot of their business online, one of the biggest issues I see, is finding a street address to serve them for bankruptcy, which shouldn’t be that hard.

If the debt was run up substantially, i.e. more than $2,000-3,000 in the last month or two, there may be a few considerations that I can discuss with you, but still it should not be a problem to discharge these sorts of debts.

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