A lot of the focus of this blog is on bankruptcy, meaning that we are talking about a legal process that already assumes you are buried under a lot of debt. But of course, there is something even better than filing for bankruptcy to clear out your debts, and that is...
If you haven't heard of the Public Service Loan Forgiveness program, that's okay. It was created a decade ago for people who work for the government or for a non-profit. The purpose of the program was to allow these workers to clear out their student debts if they had...
Bankruptcy is an inherently complicated process that will leave filers feeling confused about what the next steps are for them. Bankruptcy is certainly meant for individuals, but there are obviously situations where one spouse in a married couple needs to file for...
There was a time, many decades ago, when student loan debt could be forgiven -- or, at least, it would go unpaid. But in the 1970s, a new law was passed that made student loan debt virtually impossible to discharge. This was in response to a wave of nonpayments. This...
When you are faced with mountains of debt, you may not be sure what step to take first. Many options are before you, each promising a positive outcome. You may wonder if it makes a difference which you choose. The answer is yes, it does. Some ways of managing debt are...