When you filed for bankruptcy, you provided information for all of your loans to the United States Bankruptcy Court, whether you provided that information through your bankruptcy attorney or directly.
The U.S. Bankruptcy Court will, if your court case goes through completion, release you from your obligation to repay those debts with the probable exception of federal student loans and parent PLUS loans, both of which are extremely hard to include in any bankruptcy case forgiveness.
You are being given a blank slate and a fresh start.
While it is possible in SOME cases to get payday loans during bankruptcy, getting a loan at this time without following strict procedure and without the Court’s knowledge and approval first presents two very extremely dangerous problems, neither of which you do not want to happen.
1. Your particular type of bankruptcy may not permit you to take a payday loan, online payday loan, payday cash advance, or otherwise.
What’s the risk if you disobey the rules related to your personal bankruptcy? Your case could be thrown out of court and you will have no protection from creditors (and lawsuits) for several years, basically until you can re-file for bankruptcy again.
2. The second extremely dangerous scenario could be that, if any debt and asset information changes without knowledge and approval of the federal trustee overseeing your bankruptcy case for you and your creditors, your actions may be perceived as fraudulent in the eyes of that federal trustee and those lenders you already included in your bankruptcy case.
You have filed for debt relief and protection through the federal courts. You don’t want to overstep the government’s requirements, and you don’t want to be perceived as exhibiting fraudulent behavior with the government OR your creditors, either of which could end in termination of any relief and protection which could have been afforded to you.
Those are the rules. Now how about the exceptions?
So Then… Who Can and How to Get Payday Loans During Bankruptcy?
There are some circumstances where you might be able to get a payday cash advance based on future income while you are still in bankruptcy.
If you are in a Chapter 13 bankruptcy repayment plan period where the Court has ordered your previous creditors to accept a court designated repayment plan based on your income and your budget needs, a call to your court-designated trustee during a time of an emergency or family crisis where you provide an explanation of the situation and how you plan to repay any emergency payday loan during bankruptcy along with your Court-appointed debt repayments could… could result in official permission to get a cash advance loan.
If you receive such permission in writing from your trustee, you have not broken any rules of your Chapter 13 bankruptcy process.
Be prepared for a tough fight with your trustee though. They are there to make sure everyone lives up to their responsibilities, and if they think a high interest, bad credit loan during your budgeted pay off time period is going to hurt your chances of living up to your part of the bargain, they will be hesitant if not immobile with your request.
If you filed for Chapter 7 bankruptcy, deemed qualified for total relief of all debt obligations you currently have, and are simply awaiting your discharge date in court, you probably won’t be getting any official sanction from your attorney or trustee to get a new loan until your case has run its course and you are discharged of all your debt.
It wouldn’t make sense for the Court to work on paperwork and legalities to relieve you of your prior debt responsibilities only to add more debt to wipe out.
The good news for you Chapter 7 filers is that it only takes 3 ½ to 5 months from the time you file until your complete discharge of all obligations at which time you can start fresh, and that means you are free to borrow money again as you determine, on your own, you can do so responsibly.
Regardless of what kind of personal bankruptcy case you have, the important thing is that you ask questions and keep a line of communication going with those people involved in your case.
The professionals that are working with you now are very used to working with people in extreme financial straights. They will not only help you understand what you can and can not do (for your own protection and the successful completion of your legal request for relief), they very well may be able to help guide you and assist you with some actions that might help you with a family crisis during this time.
You’ll see lots of payday loans online with no Teletrack and no credit check required for the application. But remember, even no Teletrack no credit check cash advances need to be repaid, and they ARE loans.
If you have a family crisis that occurs while you are in the repayment period of a Chapter 13 bankruptcy or while awaiting that total discharge of your all your prior loan obligations during a Chapter 7, you absolutely need to speak with your attorney or trustee before you do something that could jeopardize your case and have it thrown out.
No credit check payday loans are meant to help people in crisis, not cause one! Make sure you talk to those professionals involved in your case, and know what is permitted and what is not.
Not only will you get the best possible legal direction as to what you can and can not do in your particular situation, you’ll hopefully get some insight as to what you can do to help your family during this time. It’s pretty amazing what is possible sometimes if you only ask… and what is also unfortunately possible if you don’t.
The bottom line is, before you get any payday cash loans today, make sure they are OK with the people you’ll be working with down the road.
When money is tight, “life” overall can feel a little tight as well.
Just know though…. There still IS a life worth living, and it’s waiting for you to get to that right place. Why not take a step in the direction to that place right now?
Get through the difficult times. Learn if a lesson is there to learn. Prepare for a better day tomorrow.
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This is the 7th article of a series of no credit check loans for people with bad credit.
See the related links below for more articles or see the first in this series here: