Submitted by Anonymous (not verified) on Mon, 08/30/2021 - 19:50
The Hill reports that representatives from both political parties are in favor of discharging student loans in bankruptcy.
Senators Dick Durban (D) and John Cornyn (R) introduced a bill aimed at repairing how student loans work in bankruptcy. Rather than free college, this idea of student loans being dischargeable during bankruptcy earns support from both political sides.
From The Article:
Submitted by Anonymous (not verified) on Mon, 08/30/2021 - 03:37
Dirty Little Secret – medical bills are the highest they have ever been and debtor buyers are paying pennies on the dollar to purchase the debts, but then sue the borrower for the full amount of the debt.
Submitted by Anonymous (not verified) on Wed, 08/25/2021 - 19:50
Fast Company shares the stories of multiple people who have filed for bankruptcy. They share why it has been the best decision they’ve ever made. “Clean Slate”
Submitted by Anonymous (not verified) on Wed, 08/25/2021 - 17:00
Chapter 13 cases are three to five year payment plans. Creditors receive a monthly payment based on a debtor’s ability to pay, the type of debts they owe, and the amount of unprotected property they own.
But how does one make the payment? Who do you pay?
Chapter 13 payments are paid to the Chapter 13 Trustee, typically an attorney appointed to oversee the bankruptcy case. In Nebraska that person is Kathleen A. Laughlin. HOW DO YOU PAY THE CHAPTER 13 TRUSTEE?
Submitted by Anonymous (not verified) on Fri, 08/20/2021 - 19:00
While there is an age requirement to vote, consume alcohol, or drive a car, the Bankruptcy Code does not require an individual to be a certain age to file for bankruptcy. However, even though there is no legal requirement under federal law, state laws make filing for bankruptcy at a young age impractical. In California, […]
Submitted by Anonymous (not verified) on Fri, 08/20/2021 - 19:00
While there is an age requirement to vote, consume alcohol, or drive a car, the Bankruptcy Code does not require an individual to be a certain age to file for bankruptcy. However, even though there is no legal requirement under federal law, state laws make filing for bankruptcy at a young age impractical. In California, […]