A Patriotic Fresh Start
If you’re financially hurting this 4th of July, you may not exactly be feeling like this is a great country. But it is.
The U.S. Supreme Court’s Health Care Decision
Even without mentioning the word “bankruptcy,” the most important court decision in years may still have a huge effect on future bankruptcies. How? Possibly by greatly reducing the need to file bankruptcies resulting from medical debts.
What Can I Do If I’m Behind on My Vehicle Loan?
Bankruptcy saves your vehicle from immediate repossession. Whether you choose to file under Chapter 7 or 13 depends in part on how strong of a medicine you need for dealing with the back payments.
Keeping Your Wheels in Bankruptcy
Under Chapter 7, you can pay your vehicle loan mostly by getting rid of all or most of your other debts. Under Chapter 13, you can pay your vehicle loan ahead of most of your other creditors.
Debts You Really Care About, and WANT to Pay
In bankruptcy, are you allowed to favor: 1) creditors with collateral, so that you can keep the collateral; 2) creditors toward whom you have special loyalty; and 3) creditors who have extraordinary leverage against you?
Debts from a Criminal Conviction Can’t Be Written Off in Bankruptcy, But a Bankruptcy Can Still Help
Three ways bankruptcy can help: 1) write off debts to focus on defense costs, 2) pay only the most important debts and expenses, and 3) reduce chance of related civil liability.
What IS the “S&P/Case-Shiller Home Price Index”?
I got curious—I’ve been hearing about this index for years without knowing what it’s actually measuring. So I dug a little and here’s what I found out. At 9:00 a.m. Eastern Time on the last Tuesday of every month, Standard & Poor’s Financial Services releases the S&P/Case-Shiller Home Price Indices. It’s actually not a single […]
Criminal Fines, Fees and Restitution Are Never Discharged in Bankruptcy, Right?
Obligations you owe related to your conviction of a crime cannot be discharged in bankruptcy. End of story? Usually, but not absolutely.
Student Loans Are a Cash Cow for the Federal Government?
The federal government is making billions of dollars for itself on student loans every year. So why double the interest rate on the loans next year? To boost those profits.
The Widening Circles of Harm from Student Loan Debt
Student loans are not just burdening recent graduates. They’re now directly hurting people you wouldn’t expect. And dragging down the whole economy.