Discharging a Student Loan through Bankruptcy

While it can be difficult to discharge a student loan through bankruptcy, it is possible.   The Federal Bankruptcy Code http://codes.lp.findlaw.com/uscode/11/5/II/523 requires that Debtor’s prove that the payment of the student loan would impose an “undue hardship” to themselves or their dependents.   For example, if a debtor is not able to maintain a “minimal” standard of Continue reading

Bankruptcy vs. Debt Settlement

Truth – nobody really wants to file for bankruptcy.   Most people want to pay their debts and in an ideal world they would.  If this describes you then I really want you to read this blog to fully understand what you are getting into. Debt Settlement can be an extremely useful tool for some people.   Continue reading