Pay day loans are a definite common problem in bankruptcy filings. You borrow to be able to repay other debts because of the intention of repaying the mortgage along with your next paycheck. Then a payday loan provider got its cut and also you can not manage to spend your bills the month that is next. Therefore, you choose to go back into the payday loan provider and land in a cycle of high-interest borrowing. In conjunction with your other debts, that cycle can easily spiral out of control.