Student loans and tax returns go together.
The federal government originates all federal student loans. It also processes your tax return each year, handing out refund checks in cases of overpayment.
When you don’t pay your student loans and they go into default, your refund may be at risk.

By Mary Ann Gorman
In a week that first saw fast food pizza chain, Sbarro, file Chapter 11 bankruptcy, the trend continues. Yesterday, toasted-sub chain Quizno's Subs filed for Chapter 11 as well.
The company says not to worry as they have a plan in place.

In many cases you can prevent eviction from moving forward if the landlord does not have a judgment for possession.  In other words, if you receive an initial notice for eviction you may be able to file bankruptcy to stop the process from moving further. In some cases there may be exceptions to consider but […]

Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for March 13th, 2014 Pacific Steel Casting Files for Bankruptcy Protection Chanel West Coast Files For Bankruptcy Ashley Stewart looks to shed 27 stores in Chapter 11

There are times in which money becomes a problem for married couples looking to end their marriage, bankruptcy at some point may be something either or both spouses are considering.  Some may wonder if it is best to file for one over the other while others may want to do them both at the same […]

Baldridge v. Douglas Stanley Ellmann (In re Baldridge), Appeal No. 13-1700 (6th Cir., Feb. 3, 2014).

The automatic stay in bankruptcy is the notice that puts creditors on notice that they cannot take certain actions against you in terms of collecting the debt.  The automatic stay is created immediately upon filing of the bankruptcy case whether or not official notice has been received by that creditor or not.  The automatic stay+ Read MoreThe post What Is The Automatic Stay In Bankruptcy? appeared first on

A federal jury in the state of Missouri recently found a woman guilty of making a false statement during a bankruptcy proceeding.  Shelley R. Callahan, 49, of Clinton, Missouri also known as a serial bankruptcy filer for filing multiple petitions in a short time period, appeared in court to face a jury in relation to […]

The overhaul of the U.S. Bankruptcy laws in 2005 significantly impacted the way secured debt is handled in a bankruptcy proceeding. Those changes were to the great benefit of debtors, our clients. Secured debt is a loan where you have pledged an asset (most commonly a car or a house) as collateral. In the event you do not repay the loan, the creditor has the right to take possession of the property, sell it, and recover what money it can from the sale.