The Only 3 Times Filing Bankruptcy Is Worth It
By Cathy Moran  (Summary from Ms. Moran’s blog, link below to full blog post)  Ms. Moran is a tireless champion for the education and protection of the consumer.

By Judith Ohikuare

By Jessica Dickler

Life in the Sweatbox
(reprinted from Credit Slips)

Life in the Sweatbox
(reprinted from Credit Slips)

By Andrew Kreighbaum The Department of Education signaled Monday that it is interested in tweaking the standards used for determining whether student loan debt can be discharged in bankruptcy.

That could point to an opening for potential bipartisan cooperation between the department and Democrats like Senator Elizabeth Warren, who have long sought to loosen bankruptcy law so student borrowers can discharge their debt.

The United States Bankruptcy Court for the Western District of Michigan recently issued an opinion in a case that involved mutual claims between the debtor and a creditor, and lifted the automatic stay to allow a creditor to exercise “setoff” rights provided by state law to recover its debt.1 Read More ›
Tags: Chapter 13

By WINNIE HU

In Chicago, a 15-cent fee on Uber, Lyft and other ride-hailing services is helping to pay for track, signal and electrical upgrades to make the city’s trains run faster and smoother.

California tax and bankruptcy expert Morgan King writes in his latest newsletter:
“The IRS has begun certifying federal tax debts of more than $50,000 to the State Department, which poses problems for travelers. Why? Because the State Department generally won’t issue passports to taxpayers who have been flagged for delinquencies.