The simple answer is no, but read on. Although Chapter 7 bankruptcy often discharges many types of debts and helps people gain a fresh start. There is a limited list of debts that cannot be discharged. The non-payment of these debts is typically thought of not to be in the general public’s best interest. They…
Tag Archive: discharge
National Association of Consumer Bankruptcy Attorneys (NACBA) needs your compelling student loan debt story!
Have you filed bankruptcy? Is your student loan debt still dragging you down? Share your story! The National Association of Bankruptcy Attorneys (NACBA) is interested in hearing from you! The organization has increased its story collection efforts to help bolster their advocacy, legislative and media programs. They are asking for additional borrower anecdotes for use…
State Bankruptcies
The new bail out plan? State unfunded pensions, labor contracts, general obligation bonds – all unsecured debt? The former Speaker of the House is calling for a bill to support state bankruptcies. Should states be able to file bankruptcy? They cannot right now because they are considered sovereign. Proponents of the bill however say that…
