Student Loans and Bankruptcy College education costs continue to rise and so do the number of college graduates who are carrying a considerable amount of debt from their student loans. Ideally, students would graduate and use their degrees to find high paying positions that allow them to pay off their loans in a timely fashion.
New York City Bankruptcy and Credit Card Debt Attorneys As many people reassess their financial state early in 2013, some will decide it’s time to consult with New York City bankruptcy and credit card attorneys to solve debt problems. Credit Card Debt causes bankruptcy, and bankruptcy can be the right solution to a financial dilemma,
The effects of filing for bankruptcy can be devastating. In order for the debtor to rebuild his or her financial life, the debtor will have to be disciplined financially. Most of all, the debtor will have to deal with the emotions of bankruptcy. Sometimes the most devastating effects of bankruptcy are the emotional ones. It
In Chapter 7 bankruptcy, most of the debtor’s debt will be discharged. However, some tax debts are not dischargeable in bankruptcy. The obligation to pay taxes is one of the most rigid duties we all share. In bankruptcy, this usually does not change. Unless the taxes meet very specific elements required for discharge, the bankrupt debtor must
If an individual has decided to file for bankruptcy, he or she is probably experiencing financial turmoil and the emotional effects that come along with it. Further, there are several steps involved in filing for bankruptcy in New York. As a result, it is best to know and understand the rules of bankruptcy before you