Discharged Student Loans and Bankruptcy
One of the largest sums of money any under-graduate or post-graduate has to consider is that of their ongoing student loan payments. Whether the payments include a fixed or variable interest rate and/or a monthly or annual fee, the payments can get to be quite high. It is often the case that when an individual […]
Can I Keep My Home If I File Bankruptcy?
If you own a house, you have probably put quite a bit of time and effort into keeping it fixed up. First, you looked for just the right house in just the right area for your family. You have decorated and worked to make it your own special home. However, you may have recently fallen […]
Is Tax Debt Dischargeable by Bankruptcy?
Many people think that bankruptcy is a simple process that will erase their debt and give them a fresh start. While this is partially true, there are some debts that are much easier to discharge than others. Some debts cannot be discharged at all, so it is important to become familiar with the different laws […]
Why Payday Loans Don’t Pay
Even during trying moments, most of us hold onto the dreams and plans we have for living a more comfortable financial life. For too many Americans, however, that hope is growing dimmer. Today, more and more of us are living “paycheck to paycheck”. This means that they rely on each and every paycheck to cover […]
Chapter 13: A Life Raft In a Sea of Debt
A sad fact of today is that more and more households are experiencing financial troubles. Most of us either personally know someone or have ourselves been affected by the recent economic downturn. With state governments running deeply in the red, resulting in further layoffs, furloughs and potential cuts in assistance, these troubles are likely to […]
Basics of Personal Bankruptcy
According to the National Bankruptcy Center, in 2009 1.41 million Americans filed for personal bankruptcy. Job losses and decreased income nationwide fueled the surge in filings, which showed an increase of over 32% from the year before. With more and more people feeling the weight of debt, many are asking if bankruptcy is an option […]
