Same Day Funding is NOW AVAILABLE! Learn More


Quick online loan processing

Get money straight into your bank account.

No credit checks

Easy to qualify as no credit checks are run.

No collateral

Your valuable assets are safe with you.


It is a legal term to define the state of a person or business in which they are not able to repay their outstanding debts. In this process, various entities, usually the ones who cannot pay back their debts, file a petition in the court, demanding relief from their debts.

State laws play a major role in bankruptcy cases. There may be many prominent differences in the bankruptcy cases' outcomes, as every state has its own laws and treat cases very differently.

Types of Bankruptcy

There are many types of bankruptcy under the US Bankruptcy Code. The below three are its major types that deal with individuals and businesses:

1. Chapter 7 - This chapter is also called straight or simple bankruptcy and it lets the debtors dispose of or eliminate almost every debt such as student loans, criminal fees, child support, personal loans, payday loans, medical bills, etc.

2. Chapter 12 - In this chapter, the 'family farmers' or 'family fishermen' with regular income are provided relief from their ongoing debts. Under this, the debtors can propose their creditors about an installment repayment plan that is spread over three to five years.

Chapter 13 - In this, the debtors are allowed to retain the ownership of all of their assets, but must give some portion of their future income to repay the creditors. The future time period can be over three to five years.

Join Our 1,000,000+ Customers Who Get Money Right When They Need!

Reviews are the independent opinions of our users, and we do not hold any of them to be representative of all CashAmericaToday borrowers' experience.

Read more reviews from our clients on Trustpilot

A trusted single lending source for your cash crunch. Apply now!
Get Started

Applying Does NOT Affect Your Credit Score

CashAmericaToday is registered with the Utah Department of Financial Institutions to offer consumer credit services. When you submit your application to us online, it will be processed just as if you had submitted it in person, establishing Utah as the jurisdiction for the negotiation, execution, and fulfillment of all applications and agreements. If your application is approved, the funds will be disbursed from our account in Utah. Please note that Utah's laws governing consumer loan agreements may differ from those of your home state. It is the applicant's responsibility to adhere to all statutory requirements related to obtaining internet loans in their state of residence. Please be aware that this service may or may not be available in your specific state, and loans are not offered in the state of Michigan.

CashAmericaToday is a brand of Silver Financial Capital. The purpose is to meet your short-term borrowing needs, not long-term financial needs. Please note that this is an expensive form of borrowing. The loans and lines of credit may be used for whatever reason you need, like unexpected emergencies, car repairs, medical bills, or travel expenses. In addition, alternative forms of financing like credit card cash advances, personal loans, and home equity lines of credit might be more affordable and better suited to your needs.

CashAmericaToday does not perform any credit checks through the three major credit bureaus Experian, Equifax or TransUnion. We collect required information regarding debtors' creditworthiness from a third party source.

Approval time depends on the authenticity and verifiability of your documents. You might be requested to provide further information if required. Note that we do not approve all the loan requests. On the basis of state laws and your repayment ability, the terms and rates may vary. Any loan requested on Friday after 6:00 PM CST will be processed on the next business day, usually Monday- unless it is a holiday.

Should you have any doubts, please call our customer support at (855) 840-5688, Monday- Friday: 7:00 AM to 4:30 PM (CST) or email to

* I have read and understand the Terms and Conditions & Privacy Policy of this loan. All loans financed by CashAmericaToday