The rising cost of post-secondary education means student loan debt can climb into the six-figure range. Fortunately, relief is available. The federal College Cost Reduction and Access Act offers options for reducing loan balances through career choices and extended payment plans. Under rare circumstances, individuals who file for bankruptcy can discharge their student loan debt.
When you file for bankruptcy, all of your assets are made part of your bankruptcy estate. In most cases, figuring out what your own your assets is easy. Will you be allowed to keep an inheritance that you become entitled to when preparing to file a bankruptcy or even after you file? ? That all
Bankruptcy, credit, budgeting, debt collection and taxes are just a few of the topics we discuss at Money Go Roundtable. There are now 19 episodes of Money Go Roundtable up and released through iTunes. What started out as a six episode experiment with Consumer Attorney Jay Fleischman has now blossomed into a full-fledged podcast series.
The results of a recent study released by Professors Robert Lawless and Jennifer K. Robbennolt of the University of Illinois Law School seems to suggest that people who file for bankruptcy would fare greater chance of success if they would apologize for getting into debt. Really? I mean really. What this study suggest is wrong on
Last week, we covered the balance sheet – the net of your assets and liabilities. The next step of knowing where you are befoe you can fulfill a New Year’s Resolution is to know what your spending looks like. In fact, budget is not an accurate word, at least not yet. More importantly, is knowing