American case law is in a constant state of striking a balance between a business’ right to operate and an individual’s right to their own property. As a result, our nation has pioneered a forgiving and powerful consumer rights system, the crown jewel of which is our bankruptcy process. However, as powerful as it is, there’s plenty of misunderstanding about what it can actually do. Today’s blog ...
There’s a common misconception that student loans are impossible to discharge. Granted, the test for discharging student loans is difficult, perhaps unreasonably so. Filing for student loan discharge is also cost-prohibitive—you’ll absolutely need an attorney to help you do it, but paying them is difficult for people who are unable to make their student loan payments. However, there are definite ...
Don't let the new year create new debt and problems in your life. Create a personal/family budget in a spreadsheet as your New Year's resolution. 1. Start with your net income. 2. Next, track your spending over a month or two. Try and use cash or make sure to pay off any credit card balance each month. Too much card use can promote overspending. 3. Estimate your excess income each month. If there ...
