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Massachusetts Bankruptcy Blog
If you are considering filing for personal bankruptcy in Massachusetts, it may be relevant whether or not your educational loans for college are forgiven in the bankruptcy. The U.S. Department of Education has strict legal requirements that a bankruptcy court must follow in order to forgive educational loans. Proving A Hardship to the Bankruptcy Court In...
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Dennis Rodman, the infamous NBA star, is going to get no help from the bankruptcy courts in discharging the nearly $100,000 he owes in back child support. Child support and other domestic support payments are two of the few things that are not discharged in a personal bankruptcy When people file bankruptcy, they need to...
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When debtors realize that they have more debt than income and it begins to feel as if there’s no way out, it’s time to consider financial freedom through personal bankruptcy. There are a lot of different things to consider when filing for bankruptcy, such as the chapter that will help the debtor most and the...
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By Ira Kantor Monday, August 13, 2012 Nationwide bankruptcy filings fell sharply in the first six months of 2012 to 627,000, compared to 725,000 for the same period last year, according to a report issued today by CreditCards.com. In the Bay State, 9,118 people filed for bankruptcy in the first half of 2012, which represents...
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When making the critical decision to file for personal bankruptcy protection, there is a plethora of information available. In these days of the Internet, iPhones, and information about anything available with the dance of our fingers, it is always possible that we may not pick up on the best, or even accurate information. As with...
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In these tough economic times, many are faced with the difficult decision of filing for bankruptcy. Chapter 7 bankruptcy is one option that offers relief to those in debt by eliminating unsecured debts, like outstanding credit card bills. This particular type of bankruptcy, known as liquidation, is meant for those individuals, partners, or businesses that...
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