201406.11
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Student Loan Forgiveness Programs

There are several Student Loan forgiveness programs which cancel all or part of your federal student loans. Each program has different eligibility requirements. Although an IBR or ICR will make the loan affordable and allow the loan to be discharged these programs will pay it off sooner or reduce the payments even more. If you are…

201301.16
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A Fresh Start Through Bankruptcy

Get a Fresh Start in 2013! It’s easy to get impulsive and overspend during the holiday season. Being strict with your budget, generating more income by working overtime or adding a part-time job and/or stop using your credit card may not be enough to recover from post-holiday debts that racked up. If you have major…

201206.26
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What is Undue Hardship for Student Loans?

What is an undue hardship for a student loan. In order to hardship discharge a student loan, a debtor has to prove repayment would be an “undue hardship.” But hardship and what a judge thinks is an “undue hardship” will probably be two separate things. Kentucky and most state have the Bruner test but even…

201206.26
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Debt Settlement vs Bankruptcy

We have all heard about settling taxes and debts on radio and TV instead of filing a Chapter 7 or 13 bankruptcy. But many Debtors find out a year or more later after paying debt settlement companies that they wasted time and money. So how does a Chapter 7 or Chapter 13 bankruptcy compare to…