Student loans and bankruptcy are a complicated area, and not many bankruptcy filers understand how bankruptcy affects their student loan debt and what their options are and how they differ between Chapter 7 and Chapter 13 bankruptcy. Continue reading What Happens to My Student Loans in Bankruptcy?
A recent article in the New York Times deals with the fact that the rich are more likely to walk away from their underwater mortgages. One in seven owners of million-dollar plus property is in default, compared with one in 12 for properties worth less than a million. Continue reading What We Can Learn From The Rich