Student Loans and Bankruptcy
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Exemptions With Chapter 7 Explained
If you are considering filing for Chapter 7 bankruptcy, you might be confused about exemptions. For many filers, the issue of exemptions brings up fears of losing personal property to the bankruptcy trustee. In most cases, most filers lose little to no property when they file because their property is protected by exemptions. Read and find out more. What Filers Should Know You should file bankruptcy in your state of residence since each state has its own idea of what exemptions are available to filers.
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.