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Federal student loans are pretty much bulletproof.  Even if you file for bankruptcy, while they are categorized as unsecured nonpriority debts they are still for the most part non-dischargeable along the lines of unsecured priority debts.  So you are pretty much stuck with them -- for life!

New Year’s is a time for reflection and renewal.  It is also a time for resolutions.  Most people resolve to improve their physical health (lose weight, exercise more, quit smoking, etc).  This year you should resolve to improve your “Fiscal” health.  The purpose of Fiscal fitness is to improve your financial health.  So, here are some easy steps to get you on the road to be

In most instances, when a person (referred to as the “debtor”) files a bankruptcy case, there immediately arises an “automatic” stay protecting that debtor against almost all types of debt collection activity.

As Christmas is approaching this week, you may, like me, be considering purchasing several presents online.  I order almost 80% of presents online since most sites offer free shipping and I can avoid all the holiday stress of trying to hunt down that perfect gift in the store.  If you will be ordering gifts online this week, I hope these helpful

No! Bankruptcy is definitely NOT bad and, for most bankruptcy filers, it is the best decision they have ever made to improve their credit and get a fresh start. Bankruptcy can happen to anyone; consumers, corporations and even governments.

The impact of a car accident may be emotionally and physically devastating.  It is even more devastating when it has been determined the car accident was entirely or even partially your fault.  What happens when you are underinsured or not insured at all at the time of the accident?

There are many misconceptions about bankruptcy. It is quite common for individuals to believe that they alone are at fault for their financial problems.

With tax season fast approaching, tax debt is on the minds of many people.  One way to settle your tax debt is to submit an Offer in Compromise to the IRS.  An Offer in Compromise is a way to settle your tax debt for less than the amount you owe.  The IRS will look at your ability to pay the debt, your income and expenses, and

The Consumer Financial Protection Bureau released a report highlighting debt collection concerns for older Americans.  Please see the press release below for more details on the report.

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Texas billionaire, (and Keith Richards look alike), Samuel Wyly filed for bankruptcy protection in Texas on October 19, 2014.  Mr.