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Pay Day Loans

Allmand Law Firm
August 29, 2011 Pay Day Loans

Post-Bankruptcy Survival: Protecting Yourself From The “New” Payday Loan

Protecting Yourself From The "New" Payday Loan Due to the lack of conventional credit access right after your bankruptcy discharge, you may be tempted to take on short-term loans with high interest rates. Most...

Allmand Law Firm
August 9, 2011 Pay Day Loans

Texan Opposition To Payday Lenders’ Loan Shark Interest Rates Yields Progress

More Texans are standing up to the loan shark interest rates of the state's payday lenders. According to a survey commissioned by the AARP, more than three-fourths of Texans oppose payday lenders charging up...

Allmand Law Firm
August 8, 2011 Pay Day Loans

Payday Lending Regulation – A Matter Of Information Or Options?

Texas is still lagging far behind many states in regulating payday loan operations.  Many consumer advocates want tougher rules and clearer disclosures so that fewer low-income families find themselves struggling to repay payday loans...

Allmand Law Firm
August 2, 2011 Pay Day Loans

Texas Passes Payday And Title Loan Laws

Bankruptcy and Title Loans in Texas House Bill 2592 and House Bill 2594 governing payday loan and car title lenders passed last week giving consumers more protection. House Bill 2592 requires more noticeable disclosures...

Allmand Law Firm
July 14, 2011 Pay Day Loans

Will Payday Lenders Avoid New Restrictions By Residing On Tribal Lands – Bankruptcy Attorney

Many debtors filing bankruptcy have already been devoured financially by the payday lending industry. They walk into the bankruptcy attorney office weighed down with high interest rate payday loans, desperate for a way out. ...

Allmand Law Firm
July 1, 2011 Pay Day Loans

Dallas Passes Tough Laws For Payday Lenders

The City of Dallas has joined the hundreds of cities around the country who are standing up to payday loan companies and saying enough is enough.  The City Council voted last week to implement...

Allmand Law Firm
June 9, 2011 Pay Day Loans

Payday Loan Legislation Awaits Texas Governor’s Signature

Two measures regulating payday and auto title loans which were passed by the Texas Legislature await Gov. Rick Perry's signature.  If passed, the two bills will establish a licensing and regulatory framework for all...