Bankruptcy can discharge student loans, but only as a last resort. Before you file for bankruptcy, understand the process and explore alternative options.
Debt settlement and bankruptcy can both help you achieve a fresh start by eliminating debts that you cannot pay. They will both negatively impact your credit score. Bankruptcy can be a faster process, and you may be able to completely wipe out your debts. Debt settlement, on the other hand,...
Yes, a Chapter 7 bankruptcy may wipe out all of your credit card debt. A Chapter 13 bankruptcy may reduce the amount you owe by up to 90%.…Click here to see more Can I get my driver’s license back? Yes, a bankruptcy may help you get your driver’s license back. Sometimes a Ch...
Economists and legal scholars have studied the effect of bankruptcy protection on the credit market. Economic models of the credit market posit that individuals borrow money in order to smooth consumption over time. If income increases with age, while the marginal value of a dollar remains constant...
Quick Answers about Bankruptcy in Massachusetts On this site, we give you the honest, straightforward answers you're looking for about filing bankruptcy in Massachusetts. Our firm has been representing consumers and businesses in bankruptcy for more th
Debt can be a daunting challenge to face. Filing bankruptcy is often seen as the only way out of debt, but it doesn’t have to be. Utilizing balance transfer credit cards can be a common tactic for managing debt, without filing bankruptcy. ...
Debt Settlement vs Bankruptcy and why bankruptcy may be the better option The Covid-19 pandemic has put many people all around the world in a financial struggle that nobody could have imagined. Credit cards have been maxed out and mortgage and personal loans have been defaulted on which opens...
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She can file for Chapter 7 bankruptcy. This will wipe out the judgment of $18K as well as all her other debts so she can get a fresh start without any debt. She can keep her 2016 Camry if she continues her car payments even if she files Chapter 7....