Chapter 7 bankruptcy Credit Card Debt Government Student Loans 
Sawin & Shea
JANUARY 18, 2023
If you’re struggling with overwhelming debts, Chapter 7 bankruptcy could be your best option. Chapter 7 is the most common form of bankruptcy for individuals and families, and it allows you to discharge many of your unsecured debts within only a few months. What is Chapter 7 Bankruptcy?
Sawin & Shea
APRIL 10, 2024
Chapter 7 bankruptcy is a great financial solution for those struggling with debt, especially unsecured debts. With Chapter 7 bankruptcy, you as the debtor can discharge most unsecured obligations after liquidating nonexempt assets. What Is Chapter 7 Bankruptcy?
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Roths Child Law
DECEMBER 16, 2020
At the same time, you may have student loan and credit card debt that is more than you can afford. Debt has a way of growing. While struggling to make ends meet each month, the temptation to rack up even more debt can be great for people with unfinished degrees. Fewer job prospects without a degree.
Sawin & Shea
JANUARY 12, 2022
They can help you throughout the entire process and even after the bankruptcy has ended when you are trying to get back on your feet. How Debt Discharge Works. The type of bankruptcy you file will determine how your debts are handled. Certain Tax Debts. Student Loans. Divorce Legal Fees and Debts.
Titan Consulting
AUGUST 23, 2020
You must qualify to file for bankruptcy, and your income must meet an income means test. If you do not qualify for a Chapter 7 bankruptcy to liquidate your debts, you may be required to pay back a significant portion of your debts under a Chapter 13 Bankruptcy, and still suffer the negative impact to your credit score.
Sawin & Shea
SEPTEMBER 28, 2022
If it is solely because of your bankruptcy, your employer is not allowed to: Terminate you Otherwise discriminate against you (such as by demotion). Can I be denied employment because of bankruptcy? We recommend you mention your bankruptcy yourself, rather than waiting until you are asked about it after a credit check.
Sawin & Shea
MARCH 9, 2022
Unsecured debts refer to debts that don’t have collateral. Some examples of unsecured debts include, but are not limited to, repossessions deficiencies, old lease balances, medical bills, cash advance loans, and credit card debts. When Should I Not File for Bankruptcy?
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