The Bankruptcy Abuse and Prevention Act is a law that went into effect in 2005. Credit card companies strongly supported the new laws, while they didn’t get everything they wanted to be included in the law, they did get...
Chapter 13 bankruptcy is a court-approved plan to pay back part or all of your debt over five years. You must have a reliable source of income to be eligible to file this type of bankruptcy. Your income is the basis for...
Chapter 13 bankruptcy involves a reasonable, court-approved payment plan to pay back part or all of your debt within five years. To be able to qualify for this type of bankruptcy you must have a relatively reliable income....
According to the Student Loan Marketing Association (Sallie Mae), the organization that administers the government’s insurance program for education lenders, most courts are reluctant to discharge student loans. Undue...
f you’ve already tried other alternatives to work with your creditors and have been unsuccessful either because the creditors were inflexible or because you were unable to follow through with your payments, it may be...
