A recent decision in the Fifth Circuit Court can change the fate of private educational lenders. In Crocker v. Navient Solutions, the court upheld a decision by the Southern District of Texas that not all private educational...
One of the most cited reasons for filing bankruptcy is unemployment or a reduction in income. The loss of income can come from death or divorce of the primary wage earner, layoffs, and cutbacks at work. Job-related financial...
When you look at the total value of your assets and subtract the number of your liabilities; if the number is negative, you are in what is commonly known as “upside-down.” Your debt is more than your net worth. If...
Some people think you must be flat broke to get bankruptcy protection. The truth is you can still have a job and file bankruptcy. Sometimes unforeseen actions cause us to get behind in our debt. Large medical bills Death or...
In the simplest form, personal bankruptcy is a court-ordered and court protected plan to help those in financial crisis satisfy their creditors as much as possible. Bankruptcy is a way to protect individuals from...
