Monthly Archives: January 2011
Student Debt and a Push for Fairness
Student Debt and a Push for Fairness By RON LIEBER Published: June 4, 2010 at http://bankruptcy.lawyers.com/consumer-bankruptcy/Student-Loans-In-Bankruptcy.html If you run up big credit card bills buying a new home theater system and can’t pay it off after a few years, bankruptcy judges can get rid of the debt. They may even erase loans from a… Read More »
Mortgage Loans Discharged In Chapter 7 Bankruptcy
Mortgage loans can be discharged in Chapter 7 bankruptcy proceedings so that homeowners no longer have to worry about paying an expensive loan when their income has dropped. But with a discharge, the owners will not be able to keep their house, as the bank will receive the collateral back as a result of… Read More »