We are all living through something not faced in our lifetimes. Real estate values have plummeted leaving many with debt that exceeds the value of their homes. When you are in this situation, sale of the property is difficult or impossible. Along with this phenomena, many are facing decreased or loss of income making it […]
Archives for October 2013
Student Loans and Bankruptcy
Student loan debt is rapidly becoming a crisis in America. There is somewhere in the neighborhood of $1,000,000,000,000 dollars of outstanding student loan. That’s a lot of zeros. Of this amount approximately $85,000,000,000 is past due or in default. Again, that’s a lot of zeros. Many people have heard that student loans can’t be discharged […]
THE PLAGUE OF THE WORKING CLASS – Title Loans, Payday Loans, and Bankruptcy
Title loan and check-into-cash loan companies make my blood boil, and I feel they are a plague on the working class. The first time I ran up on pay-day loans and auto title loans was about twenty years ago, and it was shocking then and has only become worse. Most bankruptcy attorneys rely on a […]