Once you file, an automatic stay goes into effect, which is a powerful legal protection that stops creditors from pursuing ...

According to studentaid.gov, proving undue hardship requires the bankruptcy court to recognize one of the following situations: That repaying your student loans would prevent you from maintaining ...

When Uniondale, N.Y.-based Natalie Jean-Baptiste graduated from law school with a six-figure student loan debt, it never occurred to her that she wouldn’t be able to pay it back. 9 Key Practices ...

"It may be difficult to qualify for a loan after filing Chapter 7, especially if the bankruptcy was recent," Griffin says. Whether you qualify will likely depend on several factors, such as ...

Bankruptcy courts are vigilant about ensuring the process is not abused. As a result, concealing assets, making fraudulent ...

Bankruptcy is one of those topics that nobody wants to become an expert in, but sometimes you have no choice. The good news is that compared to 2021, there have been fewer bankruptcies in the U.S ...

Data through November from the American Bankruptcy ... Chapter 7 may not be best if you’re a homeowner who has a large amount of home equity (but cannot access it with a home-equity loan because ...