Category Archives: Bankruptcy and Student Loans
Myths regarding student loan repayment
There are many common misconceptions concerning student loan repayments, so if you do not fully understand your options, know that you are not alone. When the time comes to repay the loans you took out for school, you may be unaware about the best course of action in your specific situation. Contacting an experienced… Read More »
Students with Smaller Debts Have the Most Difficulty
Many people associate student debt issues with the enormous amount of money that some individuals owe. In reality, students with smaller student loans, often under $10,000, generally face the most difficulty repaying their loans. This is caused by the disparity in salaries of loan recipients. Those that go on to receive their masters or… Read More »
New legislation significantly reduces burden of parents with children attending school
As part of the Work Plan 2015, the Florida Senate Committee on Appropriations passed House Bill 33-A Taxation which reduces cell phone and television taxes. With Florida’s Communications Service Tax being one of the highest in the country, such reduction will render considerable monthly savings for many families. This bill also establishes a 10-day… Read More »
Grad Students Saddled With Debt
You wouldn’t pay the same amount for a Mercedes as you would for a Honda. That’s just common sense! When speaking in terms of collegiate education, the conversation is no different. Would you pay the same tuition for a Yale degree as a degree from an unknown, strictly-online university? You would think not, but… Read More »
Administrative Discharge of Corinthean College Student Loans
On April 27, 2015, a for profit college, Corinthian Colleges, Inc., filed bankruptcy after closing its remaining 30 locations across the United States. Prior to closing its remaining locations, the U.S. Department of Education found that Corinthian had systematically deceived students with false graduation and job placement rates. What happens to students who incurred… Read More »
5 Financial Moves Making in 20s & Get Rich 40s
What you do in your 20s can greatly influence how your finances affect you in your 40s. From investments to making smart decisions with your earnings each month, now is the time to act. Research has shown that those who take their finances seriously early on have a better chance of a comfortable retirement… Read More »
How Student Loans Affect Filing For Bankruptcy
Research Bankruptcy 7 And 13 Before you even begin educating yourself about how bankruptcy will affect your student loans, you must first decide which kind of bankruptcy you plan to file. For many individuals, there are two common types of bankruptcy to file, which can be read about in this article. To relieve yourself… Read More »
3 Things that are NOT Discharged in Chapter 7 Bankruptcy
Many people who file Chapter 7 bankruptcy enter into the process because their debt will be discharged if their petition is approved. For many debtors, Chapter 7 is preferred over Chapter 13, as in a Chapter 13 a portion of debt must be paid back, while s Chapter 7 gives those in financial trouble… Read More »
Do You Qualify for Student Loan Bankruptcy?
Unless you are incredibly lucky or wealthy, you are probably graduating from college or graduate school with at least some substantial student loan debt. The cost of higher education is out of control today. Millions upon millions of students are finishing school with hundreds of thousands of dollars in student loan debt, and that… Read More »
Stop Paying Bills | Bankruptcy In Florida
Car Loans Same as that home loan or mortgage, if you want to keep your car you need to pay for it.If you are filing or have filed a chapter 13 bankruptcy you should not have to send a payment in addition to the trustee payment. Credit Cards Credit cards are an unsecured debt… Read More »
