Below you'll find a list of all posts that have been tagged as “bankruptcy”
This week it was revealed that Corinthian College would be filing for Chapter 11 bankruptcy protection. This comes shortly after the announcement that Corinthian would be closing down its remaining 28 campuses. For those not familiar with Corinthian, it is a for-profit company that operated numerous colleges. It recently became …
This week 13 Democratic Senators announced a bill to bring bankruptcy back to the world of student loans. While this announcement comes on the heels of President Obama’s Student Aid Bill of Rights announcement, it is a much bigger step than the President was willing to take. The Senate Bill, called …
For most people who run into a personal finance crisis, bankruptcy is a last act of desperation to get their debt under control. It isn’t pretty or easy, and it follows you around for years, but it is the first step to a fresh start. A glaring exception to the …
Finding representation in a student loan discharge case can be very difficult. Getting rid of student loans requires a very specialized bankruptcy attorney, and there are not many attorneys who practice in this area. However, if you follow the steps I have laid out below, you will be able to …
With student loan interest rates set to double on July 1, the student loan debate has grabbed a lot of headlines. At this point in time both the Democrats and the Republicans seem to agree that action needs to be taken. Unfortunately, not everyone has come to the realization that …
There are two prevailing notions among borrowers when it comes to student loans and bankruptcy. The first is that student loans work just like credit cards; if you get too far over your head, you can declare bankruptcy and get a fresh start. The second is that it is impossible …
