More about Bankruptcy
A Tax Benefit From Filing Bankruptcy
Since the last recession many homeowners negotiated short sales of their homes with the mortgage lenders, where the lenders agreed to cancel the … [Read More...]
How Many Times Can A Person File Bankruptcy?
Many clients ask us whether they can file a second, or a third bankruptcy. The answer is based upon various sections of the Bankruptcy Code.A … [Read More...]
Can You Be Sent To Prison For Failure To Pay A Debt?
Congress abolished debtor’s prisons in 1833. Therefore, you can not be sent to prison for failure to pay a debt? Not exactly.Although a judge can … [Read More...]
U.S. Department Of Education To Evaluate Student Loan Debt In Bankruptcy
The U.S. Department Of Education has requested public comment on the factors to be considered in evaluating undue hardship claims asserted by student … [Read More...]
Debt Hitting All Time Highs
Credit card debt owed by American consumers hit an all-time high of 1.02 trillion dollars in November of 2017. Total household debt, which also … [Read More...]
