Can I get student loan relief without filing bankruptcy? It’s almost impossible to have student loans discharged in chapter 7 bankruptcy. Your only option is to show that repaying your loans would cause an extreme hardship on you or your dependents. Very few people can demonstrate this to the court’s satisfaction. If you are struggling to repay your loans, you may have other options. These can help eliminate some or all of your student loan debt. There may also be options available that can help keep you
D is for Divorce – Issues to consider before filing
D is for Divorce – Issues to Consider before filing Bankruptcy and Divorce Bankruptcy and Divorce are very closely related; experiencing one often leads to the other. Sometimes, financial problems that are bad enough to lead to the filing of a Bankruptcy case can also result in the parties seeking a Divorce. Alternatively, when parties decide that their marriage is over, a Divorce can lead to the need to file a bankruptcy case on the part of one, or the other or both. Things to
Lessons From LeBron James on Debt Management
Lessons from LeBron James I know a story about LeBron James on a Blog about getting out of debt seems more than a little strange. But hang in there. Maybe you will see the connection that struck me last night. I’m not a big basketball fan. I doubt 3 years ago I could have told you anything about LeBron James. Then James made the decision to go on national television, during primetime, to announce he was leaving Cleveland for Miami. Learn from Your Past Mistakes
Mortgage Relief or More Empty Promises
The President has now signed a bill designed to help homeowners struggling with mortgage debt that they cannot pay. Some people will benefit from the new legislation, which is set to take effect October 1, 2008. Others who are struggling with overwhelming debt and multiple mortgages may find no relief. To qualify for help under the new legislation you must meet the following requirements: You must live in the home; Your mortgage loan must have been issued between January 2005 and June 2007; Your mortgage