Student Loans and Bankruptcy

Student Loans and Bankruptcy

  • Payday Loans: Can They Be Discharged With Bankruptcy?

    For those with financial difficulties, a payday loan can be a life-saver when an emergency arises and cash is short. Unfortunately, those who need those payday loans are often also headed for a bankruptcy filing. Whether it's due to unexpected medical bills or poor money management skills, the need to file for bankruptcy after getting involved in a payday loan can add a layer of uncertainly to your decision to file.

  • Is An Emergency Bankruptcy Filing Right For You?

    Filling out the reams of paperwork that is normally required for a chapter 7 or 13 bankruptcy filing can mean hours and hours of time. Commonly you must include information that gives the bankruptcy court a complete picture of your financial picture, including debts owed, property owned, and income. There is a provision for those that need to act in a hurry, however. Read on to learn more about emergency bankruptcy filing.

  • 3 Ways That A Debt Defense Attorney Can Help You With Unpaid Bills And Collection Attempts

    If you are experiencing issues with debt and bill collectors seem to always be on the other side of the phone, it is time to speak with a debt defense attorney. It is also important to consult with that type of attorney if legal action is being threatened. A debt defense attorney has numerous ways to keep you from losing money and ignoring your debt or not responding to notifications about the issues can result in legal judgments against you.

  • 3 Items You Can Keep When Filing For Bankruptcy

    While you never expect to find yourself in a situation where you can't make ends meet, it can happen at any point in time. Job loss, cutbacks, reduced hours, medical illness and others can all cause you to fall short of being able to meet your monthly obligations. When that happens, the bills start piling up and debt collectors continue to call. If this sounds like something you are dealing with, a Chapter 7 bankruptcy might be just what you need.

  • 3 Mistakes To Avoid When Filing For A Chapter 7 Bankruptcy

    Legally, you can file for Chapter 7 bankruptcy without retaining an attorney. However, this might be a mistake. Even if your petition seems simple, there are hidden complexities that could hurt your filing and result in it being dismissed. If you are considering filing for yourself, here are some possible mistakes to avoid.  Improperly Assessing Your Finances Even though you might be swimming in debt, there is a possibility that filing for bankruptcy might not be the best option for you.

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    About Me
    Student Loans and Bankruptcy

    Thank you for visiting my website. My name is Melanie. I am a 31-year-old woman who recently found myself unable to pay my bills following a devastating divorce. I created this website because I know there are a lot of misconceptions out there about filing for bankruptcy when you have student loans. I read about many of these misconceptions when doing my own research. Ultimately, I hired an attorney who helped me learn the truth. If you have loans, you may be able to get them discharged, though it is challenging and rare. If you are drowning in debt and have student loans as well, I hope my website helps you learn about bankruptcy and how student loans may affect it.