Loans, medical debt and credit card debt are generally all able to be discharged through bankruptcy. Tax debt, alimony, spousal or child support and student loans are all typically ineligible for ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
A new study suggests that distressed borrowers using a simpler bankruptcy process are succeeding — and that more people like ...
Here, in contrast to other cases, the $56,299 student loan debt is ancient and the debtor is a 64-year-old frugal woman who recently received a layoff notice from her $11-an-hour assembly line job, ...
A newly minted lawyer is bringing suit over debt incurred to prepare for her bar exams. Boca Raton attorney Verhonda Williams said she struggled to find work after graduating law school in 2011 and ...
Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...
Some student-loan companies have "illegally" sent borrowers' debt back to collections after a bankruptcy discharge. The CFPB has put them on notice.
People with private student loans have been struggling during the pandemic. Their loans aren't eligible for the government's penalty-free repayment pause, which is in effect until at least Oct. 1 for ...
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