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Although Student Loans Are Still a Challenge to Discharge in Bankruptcy, Under Certain Circumstances, Student Borrowers Can Be Successful

In a rare win for a student borrower, the U.S. Department of Education dropped its appeal of a bankruptcy judge’s ruling that would eliminate a Delaware man’s student debt. The Chief Bankruptcy Judge of Delaware had ruled that Ryan K. Wolfson had proven “undue hardship,” the standard that must be met to discharge the debt in bankruptcy.

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Do You Have Student Loans With Navient? If So, You May Benefit From a Recent $1.85 Billion Settlement

On January 13, 2022, 39 states, including Florida, signed a $1.85 billion settlement agreement with Navient Corporation over allegations of abusive lending practices. Navient denies any wrongdoing.

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Bankruptcy Can Help Reinstate Suspension of Florida Driver License

Did you know that the Florida Department of Motor Vehicles can suspend your driver license if you fail to pay a final judgment deriving from a motor vehicle accident (Florida Statute Section 324.121)? In this blog we’ll explain how bankruptcy may be the solution to reinstating a license that was suspended due to a motor vehicle accident.

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When Facebook or Instagram “Friends” May Actually Be Debt Collectors

Accepting a friend request on social media from someone you don’t know personally? Think again. That innocent-looking friend request may be from a debt collector. This is a new way that debt collectors have found to contact and sometimes harass people who are struggling to pay their debts.

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Not Paying Your Homeowners’ Association Dues Can Put Your Property at Risk for Foreclosure

Delinquent Homeowners’ Association dues can turn into real property liens and ultimately foreclosure. Homeowners Associations have specific rights and powers under the law. Knowing your rights and obligations can protect you financially.

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Subchapter V Serves Up Help for Independent Restaurateurs and Small Business Owners

If you own a restaurant, you can do everything right—offer great food and service, operate in a prime location, and have a sound business plan—and still struggle to pay your debts because of conditions outside of your control, particularly during a global pandemic. Subchapter V might be the key to recovery.

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Will Filing Bankruptcy Stop Litigation?

When an individual or a business files bankruptcy an “automatic stay” or “injunction” goes in effect. The purpose of the stay is to prevent a creditors’ ‘race to the courthouse’ and a diminution of the debtor’s assets that leaves some creditors holding an empty bag.

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Drowning in Student Debt?

You are not alone. More than 42 million Americans have student loan debt. Educational loans have become the largest source of unsecured debt in the United States. Americans owe more than $1.5 trillion in student loan debt, outpacing credit card debt in the past few years.

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Types of Bankruptcy

You can choose the kind of bankruptcy that fits your needs

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Do’s and Dont’s

The do's and dont's of bankruptcy

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