People often ask what happens to their bank accounts once they file for bankruptcy. The answer depends on whether or not your bank is also your creditor. Your bank is your creditor when you owe the ...
When people ask whether student loans can be eliminated by filing bankruptcy, the usual answer given is an emphatic "NO!". However, it is possible to have your student loans discharged with a ...
If you fail to make payments for your student loans, these loans will eventually go into default. Defaulting on a student loan is pretty much the same as defaulting on any other type of student loan. ...
The short answer to this question is NO! The reason why you should avoid paying off a debt owed to a relative, friend or business associate is that the Bankruptcy laws considers these people as ...
Often times when someone takes out a debt they will have a co-signer for that debt. The co-signer becomes jointly responsible for repaying that debt. This means that if the person who holds the debt ...
