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Chapter 13 Bankruptcy and Student Loans

Sawin & Shea

Student loan debt can be crippling. Trying to put money towards a house or a car, as well as paying all of your other bills on top of student loan debt, is often exhausting and can sometimes feel impossible. In America alone, the average student loan debt in 2021 comes to around $1.7 How Does Student Loans Bankruptcy Work?

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Building Credit During Chapter 13 Bankruptcy

Sawin & Shea

Filing for chapter 13 bankruptcy can seem like a daunting task, but it’s often the right move for those who are facing foreclosure, repossession, or have exorbitant debts. If you’re thinking of filing for chapter 13 bankruptcy, you may have questions regarding how it will impact your credit score.

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Common confusion between Chapter 7 and Chapter 13 bankruptcy

Roths Child Law

Otherwise, too much debt can hamper the ability to take on loans. While people have many bankruptcy options, typically, people only file for Chapter 7 or Chapter 13 bankruptcy – two of the most commonly used debt relief solutions. What is Chapter 13 bankruptcy?

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How are Medical Bills Treated in Chapter 13 Bankruptcy?

Sawin & Shea

Filing for Chapter 7 or Chapter 13 Bankruptcy: Chapter 7 will wipe out (discharge) your medical debt along with other unsecured debt, but you must have low enough income to pass the means test in order to qualify for it. Chapter 13 bankruptcy is discussed below. We are here to help.

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What Are My Repayment Obligations Under Chapter 13 Bankruptcy?

Sawin & Shea

When you’re considering Chapter 13 bankruptcy, you’re also wondering how much of your debt you’d be obligated to pay back. Let’s take a look at a debtor’s obligations under Chapter 13 bankruptcy. What Is A Chapter 13 Bankruptcy Plan? What Am I Obligated to Pay in My Chapter 13 Plan?

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What Debts Will Remain After A Chapter 13 Discharge?

Sawin & Shea

Chapter 13 bankruptcy can wipe out most kinds of debts and leave you with a much brighter financial picture. But Chapter 13 can’t discharge all types of debt you’ve taken on. Some debts will remain after your bankruptcy, although you’ll be in a much better position to handle them. Section 523(a)(8).

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Judge Dismisses FDCPA Claims in Long-Running Student Loan Case

Account Recovery

The background: The case stems from a series of private student loans taken out by one of the plaintiffs between 2003 and 2007 to attend college, with the other plaintiff — his father — co-signing for the loans.