car loan in California

Can Car Title Loan be Discharged in Bankruptcy in California?

Often in dire situations, people resort to dire measures. Taking a car title loan is a Hail Mary for borrowers as the fees and interest rate is high. But since people are generally out of options when they choose this, it doesn’t really matter. Car title loans are short-term loans which are given on a car which you own (no car loan exists on the vehicle). You need to provide your car title and a copy of your car keys to leave as security. The lender provides you money at the same time with a fixed time frame [...]