Criminal Fines, Fees and Restitution Are Never Discharged in Bankruptcy, Right?
Obligations you owe related to your conviction of a crime cannot be discharged in bankruptcy. End of story? Usually, but not absolutely.
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Obligations you owe related to your conviction of a crime cannot be discharged in bankruptcy. End of story? Usually, but not absolutely.
The federal government is making billions of dollars for itself on student loans every year. So why double the interest rate on the loans next year? To boost those profits.
Student loans are not just burdening recent graduates. They’re now directly hurting people you wouldn’t expect. And dragging down the whole economy.
Every creditor has the right to challenge your ability to write off your debts in bankruptcy. But none of them likely will. Why not?
You’ve heard that no debt in bankruptcy is more untouchable than child support and spousal support. Is that true? Can Chapter 7 or 13 ever help?
What does it take to write-off a student loan in bankruptcy? An “undue hardship.” And that is a very tough standard to meet.
What is the “presumption” that certain credit card purchases and cash advances will not be discharged in bankruptcy?
Most of the time your attorney will know which debts will be legally written off in your bankruptcy. But not always, for two reasons.
Here’s the good news/bad news about the discharge of debts in a Chapter 13 payment plan compared to the discharge you get in a straight Chapter 7 case.
The point of filing bankruptcy is to get relief from your debts. So, when and how DO those debts get “discharged”–legally written off–in a regular Chapter 7 bankruptcy?
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