Many fear that after filing Bankruptcy they will not have credit. In general when you receive a Discharge in Bankruptcy your debts are considered ‘Discharged’ and creditors can no longer attempt to collect the debt.
Student Loans and the NEW 2023 Income Driven Repayment Adjustment
If you have been paying your student loans for any significant period of time you may be eligible for the new Income Driven Repayment Adjustment. This allows a borrower who was not previously in an Income Driven Repayment (IDR) program to receive credit towards such a program.
Bankruptcy Vs. Debt Consolidation
Many people ask me what the differences are between Bankruptcy and Debt Consolidation. This article will explain the difference.