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What Can I Keep if I File For Chapter 7 Bankruptcy?

Sawin & Shea

Filing for bankruptcy can provide you with a much-needed second chance when it comes to your finances. However, the process of going through Chapter 7 can be complicated and stressful to ensure you can keep what you need to continue living your life even after bankruptcy. What is Chapter 7 Bankruptcy?

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The key advantages of Chapter 7 bankruptcy

Roths Child Law

When faced with insurmountable debts, Chapter 7 bankruptcy can be the best way to regain control over your financial situation. Importantly, Chapter 7 bankruptcy provides an opportunity for a fresh start. However, it is important to note that student loans and child support are generally not discharged through Chapter 7.

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The key advantages of Chapter 7 bankruptcy

Roths Child Law

When faced with insurmountable debts, Chapter 7 bankruptcy can be the best way to regain control over your financial situation. Importantly, Chapter 7 bankruptcy provides an opportunity for a fresh start. However, it is important to note that student loans and child support are generally not discharged through Chapter 7.

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Need to Know About Debt Negotiation and Settlement?

Sawin & Shea

If you’re dealing with debt and considering filing for bankruptcy, it’s a good idea to get professional legal advice on how to handle the proceedings. Credit counseling and debt management agencies may be able to assist you as you work, but with so many untrustworthy schemes out there, how do you know what the right step should be?

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CFPB Continues to Focus on Tuition Payment Plans Offered by Colleges and Universities in Latest Report

Troutman Sanders

In the press release announcing the issuance of the report, CFPB Director Rohit Chopra stated, “[t]uition payment plans offered by schools may look like a good option, but this report shows student borrowers can end up paying high fees, be forced to sign away their legal rights, or even have their transcript withheld by their school.”

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Dealing with Debt Collectors

Debt Free Colorado

Bankruptcy may appear to be a scary process, but it does not have to be. Dray Legal Office’s attorneys will endeavor to help you obtain a fresh start by eliminating debt and reorganizing your finances. We at Dray Legal Office are well aware of the enormous stress that financial difficulties may cause.

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Can a Lender Pursue Debt Collection After a Charge Off and 1099-C Issuance?

Jimerson Firm

The first consideration that lenders (banks and credit unions alike) often face is when, and if, to conclude that the account owner does not intend to, or is not able to, clear the negative balance or loan deficiency. As a result, a loan that is charged off is written off and deemed a loss of principal and interest. See Caplinger v.

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