Bankruptcy law changes have been in discussion since 2005. The credit card industry had a hand at the passage of The Bankruptcy Abuse Prevention and Consumer Protection Arc (BAPCPA) in 2005, which not only changed consumer bankruptcies drastically but also made them more difficult and costly for individuals as well as businesses. In 2011, the Ameri
What to Do If You Are Called to Court by a Collections Agency?
So, you’ve made it this far without the stress of dealing with collections agency harassment? Nevertheless, there is a Fair Debt Collection Practices Act that will protect you once unfair tactics arise. But what if out of nowhere, someone knocks on your door and aggressively asks to collect your debt or gives you the summons for your debt?Do
What to Do If You Are Called to Court by a Collections Agency?
So, you’ve made it this far without the stress of dealing with collections agency harassment? Nevertheless, there is a Fair Debt Collection Practices Act that will protect you once unfair tactics arise. But what if out of nowhere, someone knocks on your door and aggressively asks to collect your debt or gives you the summons for your debt?Do
How You Determine “Undue Hardship†When Filing for Student Loan Bankruptcy
Most lawyers would not recommend that you file for bankruptcy if you’re trying to get rid of your student loan debt as bankruptcy proceedings are costly and could put you in more debt. However, you do have this as an option if your debt is unmanageable and your means of income is not enough to pay off the amount of debt you have piled up. Kn
How You Determine “Undue Hardship†When Filing for Student Loan Bankruptcy
Most lawyers would not recommend that you file for bankruptcy if you’re trying to get rid of your student loan debt as bankruptcy proceedings are costly and could put you in more debt. However, you do have this as an option if your debt is unmanageable and your means of income is not enough to pay off the amount of debt you have piled up. Kn