By Jillian Berman

A recent court ruling may offer hope for thousands of struggling borrowers looking to escape education-related debts.

When deciding to file bankruptcy, Portland residents should consider several factors, including which type of bankruptcy petition to file, when to file it for maximum protection from creditors and how much of your property you can keep. Finding the appropriate Portland Bankruptcy Attorney can make the difference of having a smooth filing or the opposite.
 

When deciding to file bankruptcy, Portland residents should consider several factors, including which type of bankruptcy petition to file, when to file it for maximum protection from creditors and how much of your property you can keep. Finding the appropriate Portland Bankruptcy Attorney can make the difference of having a smooth filing or the opposite.
 

What can happen if you default on a federal student loan?
You are “in default” on your federal student loan if you have not paid in 270 days (approximately nine months).  Your wages can be garnished or your tax refunds seized.
How do you stop seizure of your tax refunds?
You can request an offset refund, but there are limitations.  Here are a few examples:

What can happen if you default on a federal student loan?
You are “in default” on your federal student loan if you have not paid in 270 days (approximately nine months).  Your wages can be garnished or your tax refunds seized.
How do you stop seizure of your tax refunds?

By Sarah O'Brien

For people facing crushing debt, the weight of carrying it can seem unbearable. As bills go unpaid and debt collectors start calling, one nagging question might loom large: Would bankruptcy fix this?

Depending on the type of debt you face and the rest of your financial picture, the answer could be yes.

While most consumers in Tacoma call our offices in the hopes of filing Chapter 7 bankruptcy, many of them are surprised to find out that under some circumstances Chapter 13 Bankruptcy in Washington will save them a whole lot more money. Why is that?
 
Chapter 7 is thought of as a quick opportunity for a fresh start. This is usually true, well, at least with respect to your unsecured creditors. Chapter 13 bankruptcy, on the other hand,  is thought of as a repayment plan where you pay everyone back. This is rarely true.
 

While most consumers in Tacoma call our offices in the hopes of filing Chapter 7 bankruptcy, many of them are surprised to find out that under some circumstances Chapter 13 Bankruptcy in Washington will save them a whole lot more money. Why is that?
 
Chapter 7 is thought of as a quick opportunity for a fresh start. This is usually true, well, at least with respect to your unsecured creditors. Chapter 13 bankruptcy, on the other hand,  is thought of as a repayment plan where you pay everyone back. This is rarely true.
 

Bankruptcy may make sense if you are unable to repay debts as you cover obligations such as retirement, food and shelter. With so many websites offering free financial tools, it can be hard to know whom to trust. At Northwest Debt Relief Law Firm, we thoroughly research financial products and companies, and adhere to strict standards of editorial integrity to find you the best Bankruptcy Lawyer.
Bankruptcy stops collection calls, lawsuits and wage garnishments. It erases debt. And despite what you’ve heard, bankruptcy may help your credit scores.