You can discharge many kinds of debts through bankruptcy; however, some kinds of educational expenses, such as federal student loans, are not dischargeable. Until recently, the law was unclear on whether private student loans are non-dischargeable higher education...

Credit is often a necessary part of daily life. In fact, there are several benefits of credit such as allowing individuals to purchase a car or new home. However, many people find themselves in financial trouble because of credit. The interest rates on credit card...

Struggling with debt can feel like an uphill climb. When you start getting collection calls, the situation can leave you feeling vulnerable and embarrassed. Debt collector phone calls can seem intimidating. After all, a stranger is calling you asking about a debt that...

Needing to file for bankruptcy can be a difficult decision. You may have hoped that you would be able to find your way out of your circumstances or had several catastrophic events happen at once. Going through the bankruptcy process can seem invasive as you attempt to...

The last thing you need when struggling with debt is to struggle with harassment, too. Debt collectors must abide by the Fair Debt Collection Practices Act (FDCPA) when contacting those struggling with debt. But unfortunately, they do not always do this. When a debt...

People struggling with overwhelming debt may consider options, such as filing for Chapter 13 bankruptcy, to regain control of their finances. To receive bankruptcy assistance, however, they must meet certain eligibility requirements. Reviewing the requirements and...

If you are considering bankruptcy, it is pivotal to thoroughly review all of your options and make sure that you pinpoint the best course of action given your individual circumstances. When it comes to bankruptcy and other financial matters, everyone is in a unique...

Filing for bankruptcy is not the end of the world as many people would have you think. In fact, you can use bankruptcy as an opportunity to start fresh and implement better financial habits. Budgeting is more important than ever before while you go through bankruptcy...

In 2020, Massachusetts saw over 4,000 bankruptcies filed in state courts. Some of these may have included student loan debt. Most people believe you cannot discharge student loan debts. Although the courts are reluctant to discharge these debts, it is still possible....

The protection from creditors that a personal bankruptcy offers often makes such an action the best option for those struggling with debt to get back to re-establishing themselves on firm financial ground. Yet those considering this option should understand that...