Follow this case and receive case update emails for the life of this case for a one-time fee of 39. Docket Entries by Quarter. There are 6 newer docket entries. Log In, subscribe now, or purchase this single case to see the entire docket list. Associated Cases. Quick Cash, Inc.a New Mexico corporation 1310 Metro Avenue Gallup, NM 87031 MCKINLEY-NM Tax ID EIN: xx-xxx0184 dba Cash Cow Loan Company dba Cash Cow Furniture dba Cash Cow Tires Service.
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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 lender to prove 3000 personal loan today 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.
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