CHAPTER 13 MODIFICATION, CONVERSION, REFILING AND EARLY DISCHARGE • VIDEO
Chapter 13 Modification, Conversion, Refiling, and Early Discharge Sometimes a debtor loses income and can’t complete their Chapter 13 plan payments. For instance, what if a debtor is diagnosed with cancer and can’t work and complete Chapter 13? He may need time off from the payments. Four options prevent you from losing the benefits of […]
How to Manage Student Loans Collections • Video
This post explains how to manage student loan collections and get out of default both with and without bankruptcy. It explains in a few words and a couple of minutes what you need to know while giving you a plan of action. Each part of this can be expanded as a topic if you need […]
Kentucky Student Loan Help
If you’re looking for Kentucky Student Loan help, you are in the right place. Nick Thompson presented the webinar and contributed to the King Publications book used by lawyers to battle student loans. In fact, Nick was able to obtain a discharge of his student loans using his system. In our law practice, we meet many […]
How to Discharge Student Loans in Bankruptcy • Video
Protections for student loans limiting your ability to discharge student loans in bankruptcy have increased since 1978. Originally you could discharge all student loans until the following events occurred: An amendment in 1978 made student loans dischargeable in bankruptcy after five years of repayment. In 1990 bankruptcy discharges for student loans went to 7 years. […]
Student Loans in Bankruptcy – Hardship Discharge • Video
In the 2010 case of Espinosa, the Supreme Court decided perfect notice to a student loan lender was not necessary. In some cases, a student loan can be hardship discharged in bankruptcy without first determining undue hardship in an adversary proceeding. An adversary proceeding is a separate lawsuit filed in your bankruptcy case. These adversary proceedings give the […]
History of Student Loans in Bankruptcy
Until 2005, students could freely file bankruptcy and discharge private student loans. Additionally, prior to 1998 student loans could go into bankruptcy 7 years after they became due. However, since 2005, the bankruptcy options on student loans are cut down to discharging the debts only if they meet the qualifications for a hardship discharge. There […]
