Common Questions: Attempting to Discharge Student Loans Bankruptcy
Admin on March 10, 2016 Posted in Blog, Student LoansYou’ve probably heard that it is impossible to discharge student loan debt in bankruptcy. That’s not exactly true, but it is very difficult to convince a court to let you off the hook for your student loans in either Chapter 7 or Chapter 13 bankruptcy. But with more than $1 trillion in outstanding student loan […]
When Should You File For Bankruptcy?
Admin on March 6, 2016 Posted in Blog, General Bankruptcy, Rebuilding CreditThere is no set formula for determining when an individual should file for bankruptcy. The decision to file for bankruptcy largely depends on the types of debts and assets an individual has. For example, bankruptcy is typically right for someone with a large amount of credit card debt who rents. But bankruptcy may not be […]