Student Loan Forgiveness 2022 In August 2022, President Biden announced student loan forgiveness for millions of low and middle income borrowers who are facing significant financial hardship. Additionally, Biden announced a plan to address the widespread student debt crisis in the United States. Even still, many Americans don’t qualify for relief or will have thousands … Continue reading Student Loan Forgiveness 2022
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How Often Can You File Bankruptcy?
How Often Can You File Bankruptcy? Maybe you just wrapped up a bankruptcy case and your bankruptcy discharge isn’t what you hoped it would be or you didn’t receive a discharge at all. You may be wondering: how often can you file bankruptcy? Can you even file for bankruptcy more than once? Multiple bankruptcy filings … Continue reading How Often Can You File Bankruptcy?
How To Remove Paid Collections From Credit Report
How to Remove Paid Collections From Credit Report Maybe you’re in the process of getting your debt under control and you’re wondering how to remove paid collections from credit report. A paid collections account can look like a major red flag to future lenders. Overall, they can make your finances suffer all while you’re trying … Continue reading How To Remove Paid Collections From Credit Report
Removing Late Payments From Credit Report
Removing Late Payments From Credit Report Whether we like it or not, credit reports are a huge indicator of how financially healthy and responsible we are. Years of crippling debt can lead to years of late payments. Unfortunately, years of late payments can damage your credit score for up to seven years, making it difficult … Continue reading Removing Late Payments From Credit Report
How to Stop a Judgment From Being Renewed in Alabama
How to Stop a Judgment From Being Renewed in Alabama Did you know that if you continuously fail to pay your debts, your creditors can sue you, get a judgment against you, and then begin debt collection efforts? In some states, a money judgment can last up to 20 years. In that time frame, creditors … Continue reading How to Stop a Judgment From Being Renewed in Alabama
Can Creditors Garnish Your Bank Account?
Maybe you’ve heard of wage garnishment, where pesky creditors take money directly out of your paychecks. But can creditors garnish your bank account? The answer is yes. While taking money directly out of your bank account in order to pay off your debt seems incredibly unfair, it’s completely legal. The good news is that there … Continue reading Can Creditors Garnish Your Bank Account?
Wage Garnishment Alabama
When you have mountains of debt, there’s lots to worry about. How can I afford to pay rent or my mortgage? How can I afford lunch this week? How am I going to pay this off? And maybe even: are my creditors going to start garnishing my wages? If so, how much money are they … Continue reading Wage Garnishment Alabama
Is Alimony Dischargeable in Bankruptcy?
Not only is divorce painful emotionally, but it’s also painful financially too. It’s a challenge to pay the divorce attorneys while also learning to survive on only one income for possibly the first time in years. As a result, you may also struggle to keep your home, keep your car, put food on the table, … Continue reading Is Alimony Dischargeable in Bankruptcy?
Reaffirmation of Debt
Sometimes life gets bumpy, and we face financial difficulties. This may be due to circumstances such as a job loss, reduction in income, or illness. For many people overwhelmed by mounting debt, a Chapter 7 bankruptcy is a huge relief. This type of bankruptcy eliminates unsecured debt and some secured debts. However, if you … Continue reading Reaffirmation of Debt
23 Questions to Ask Before Filing Chapter 7
Bankruptcy is a daunting decision for many individuals, and you might struggle to decide whether or not it’s the right choice for you. For some people, filing for bankruptcy Chapter 7 allows them to handle their debts better. For others, it won’t really help their situation. That’s why it’s important to consult with bankruptcy lawyers … Continue reading 23 Questions to Ask Before Filing Chapter 7