According to studentaid.gov, proving undue hardship requires the bankruptcy court to recognize one of the following situations: That repaying your student loans would prevent you from maintaining ...
When Uniondale, N.Y.-based Natalie Jean-Baptiste graduated from law school with a six-figure student loan debt, it never occurred to her that she wouldn’t be able to pay it back. 9 Key Practices ...
Alrena Dale, 61, had her six-figure student-loan balance wiped out after decades of payments. She's one of hundreds of borrowers who have received relief after new changes to the bankruptcy process.
Bankruptcy is one of those topics that nobody wants to become an expert in, but sometimes you have no choice. The good news is that compared to 2021, there have been fewer bankruptcies in the U.S ...
Here’s a list of common types of mortgages and the time you’ll have to wait from your bankruptcy discharge date to apply for a loan. FHA loans: 2 years for Chapter 7 and 1 year into a ...