Aug 11, 2021 | Bankruptcy, Chapter 7 Bankruptcy, Consumer Law Issues, Financial Problems, General Bankruptcy, Student Loans
The American Bankruptcy Institute has encouraged Congress to reform the way student loans are dealt with in bankruptcy. Since the Bankruptcy Code was enacted in 1978, several amendments have made it more and more difficult to discharge student loans. Now our country...
Aug 2, 2021 | Family issues, FAQ, Financial Problems, Student Loans
Generally, no. You have gotten your own financial house in order, and should not risk that stability by placing it in the hands of another. When you co-sign or guarantee the debt of someone else, you are subjecting yourself to the risk that they cannot or will not pay...
Aug 3, 2018 | Blog, Student Loans
It is very difficult to discharge student loans in bankruptcy. In fact, many of my clients believe it is impossible to discharge student loans. Actually, student loans are sometimes dischargeable in bankruptcy, but requires proof of “undue hardship”. To determine...
Aug 30, 2016 | Blog, Business Debt, Credit & Credit Scores, Creditors & Credit Cards, Declaring Bankruptcy, General Bankruptcy, Student Loans
I attend a lot of seminars and educational programs dealing with bankruptcy and related issues. Usually the information is valuable to my practice and to my clients, but I recently attended a seminar where an attorney stated to the audience that we should never...
