Filing for bankruptcy may help credit-card debt [Derived headline]MYERS, DAVID W
If you feel like you'redrowning in debt, you may have already considered filing for bankruptcy. But bankruptcy is a big step, and if you're going to take that step, you want to make sure it's worth it. After all, if you choose to file bankruptcy, it could have adetrimental impact ...
the bankruptcy court can discharge certain debts, but not all types of debt. Once a debt has been discharged, the creditor can no longer take action against the debtor, such as attempting to collect the debt
You have probably already paid back your credit card debt through payments which the credit card companies chose to label as “interest” and “penalties.” The credit card companies are equally responsible for your bankruptcy. When you first encountered financial trouble, these creditors probably did...
Filing an income tax return after filing for bankruptcy does not have to be a problem, as long as you know what to watch out for, including when and how to file.
Filing for bankruptcy can provide relief from overwhelming debt, but you should know what you're getting into first. Getty Images If you're trying to get rid of overwhelming amounts of credit card debt, one option you have is filing for bankruptcy. By doing so, you can restructure or ...
Bankruptcy can discharge student loans, but only as a last resort. Before you file for bankruptcy, understand the process and explore alternative options.
An Orlando bankruptcy lawyer at the Law Office of Paul L. Urich, P.A., can help you get relief from your debt. Free consultation. 407-915-0842.
Congress had previously set a higher bar for discharging student loan debt when compared to other types of debt like medical or credit card, requiring borrowers who seek to file for bankruptcy to demonstrate they will suffer "undue hardship" if the debt is not discharged. ...
bankruptcy. You could file bankruptcy,discharge your credit card debtand then once you have an opportunity to rebuild, write your brother a check for what you owe. This does not in any way violate the bankruptcy laws. For this reason, whether bankruptcy can be construed as bad is really a...