This site has already addressed several issues with respect to student loans, and collection agencies. However, a greater portion of student loan lenders are now utilizing private collection agencies to recover on defaulted student loan debt. ...
Read morePrioritizing Debt Repayment from Your Income Tax Refund
This is the time of year when many consumer taxpayers are receiving their income tax refunds. While some of that money may be earmarked for special purposes – such as a vacation, large retail purchase or home improvements – many times it...
Read moreWhat to Expect on Your First Visit to a Bankruptcy Attorney
Meeting with a complete stranger to discuss sensitive financial issues can be awkward and emotionally distressing. Many of my clients from the CSRA have told me how they had to “work up their nerve” to make the first phone call to our office. ...
Read moreSigns That Your Small Business Might Be Headed for Bankruptcy
A previous blog addressed the warning signs for consumers who may be headed down the road towards bankruptcy. Small business owners are traditionally more reluctant to consider bankruptcy, as their business is not just a source...
Read moreFEDERAL GOVERNMENT ENACTS NEW PROTECTION FOR DISTRESSED HOMEOWNERS
Beginning October 1, 2012, there will be new protection for homeowners who are facing foreclosure. The change reflects an ongoing problem which has greatly affected Georgia homeowners, and prevented many of them from being able...
Read moreCOMMONS REASONS WHY YOU MAY HAVE RECEIVED A BANKRUPTCY NOTICE
When a bankruptcy case is filed, the Clerk of Bankruptcy Court mails a notice of commencement to the Debtor (bankrupt), the Debtor’s attorney, the creditors of the Debtor, as well as other “parties in interest”. With the proliferation of...
Read moreWhite House Urges Congress to Address Treatment of Student Loan Debt in Bankruptcy
Acknowledging concerns by the public about the growing amount of student loan debt, the White House is urging Congress to reconsider the treatment of student loan debt in bankruptcy cases. To understand the importance of this...
Read moreIncome Taxes and Bankruptcy
In acknowledgement of the passing of “tax day”, we thought that we would address the treatment of income taxes in bankruptcy.[i] Many consumers seek bankruptcy assistance because of income tax problems. While income taxes are afforded special...
Read moreBankruptcy Reform, Five Years Later
Unfortunately, little has changed for the better for consumer debtors since the Bankruptcy Abuse and Consumer Protection Act (BAPCPA) was implemented five years ago; consumer bankruptcy attorney Zane Leiden examines Bankruptcy Reform’s...
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