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Celebrity Bankruptcy Alert – Lindsay Lohan’s Mom Files Chapter 13

Celebrity bankruptcy

Another celebrity bankruptcy alert - lessons for Greensboro consumers

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Dina Lohan, Lindsay Lohan’s mom, is back in the headlines. She’s made news in the past for brawling with her ex-husband and father of her children, Michael Lohan. They sparred about money in the past, and now Dina’s money woes are front and center as she recently filed Chapter 13 bankruptcy in New York state. Here’s a look at the latest celebrity bankruptcy case.

Proposed Legislation Asks Employers to Help Pay Your Student Loans

Employee student loans

Will your employer help you with student loans?

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With student loans a growing crisis for many consumers – and the economy in general – the search for a solution is ongoing and intensifying. If you can’t afford your payments, or can but they’re causing a bite in your budget, you may want to take notice of a new piece of legislation. A new bill introduced on October 11, 2018, by Senator Cory Gardner (R) encourages employers to chip in and help their employees pay off their student loan debt.

Should Seniors Use Wilmington Bankruptcy to Deal with Debt?

Senior bankruptcy

Is senior bankruptcy right for you?

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Bankruptcy provides the assurance of debt relief and a fresh start to all who choose it. However, in the case of seniors, there are special considerations because of fixed income, medical costs, assets, and equity. Seniors should carefully consider the decision to file. Also, look for a Wilmington bankruptcy attorney with lots of experience with senior bankruptcy and a good reputation.

What Is a Borrower Defense to Repayment and Can It Help You With Student Loans?

Student loans

Student loan solutions to fraud

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There’s a special type of student loan forgiveness targeted at people with college debt who were done wrong by their school. It’s called a “borrower defense to repayment” and allows you to request cancellation of your student loans. Even better, if you qualify, you can get back payments you made on the student loans. Here is what you need to know about this one-of-a-kind program and whether it could benefit you.

5 Things Not to Do Before You File Greensboro Bankruptcy

Bankruptcy tips

Planning Greensboro bankruptcy - a few things to avoid

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If you reasonably see yourself filing Greensboro bankruptcy at some point in your near future, there are certain things you should avoid. Engaging in these actions can put your debt relief at risk. You want the best results from your bankruptcy case and to avoid any accusation from the court of fraud. Here are five things to avoid doing before you file your bankruptcy case.

Millennials Hit Hardest By Student Loans

Student loan bankruptcy

Student loan study shows Millennials struggling

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Student loans are a growing plague on our economy and affect consumers of all ages. However, not all are affected equally. A recent study by AARP and Association of Young Americans found that Millennials (individuals ages 21 - 36) are the hardest hit by this debt, among all the generations in the US.

Child Support and Alimony During Wilmington Bankruptcy

Child support and bankruptcy

Child support and alimony during bankruptcy

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Wilmington bankruptcy is a powerful tool that can be used to combat most debts. Once you file, the automatic stay kicks into effect, ensuring you get a breather from your obligations. Once you complete your case all the way to bankruptcy discharge, the relief from most debts is permanent. However, it doesn’t work that way with all bills.

Are Your Student Loans Eligible for Bankruptcy Discharge?

student loans bankruptcy

Student loan problems?

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As student loan debt consumes more Americans, the search for solutions intensifies. One option to consider is bankruptcy. At one time, student loans were much easier to discharge in bankruptcy, then it got much harder, and now the pendulum may be swinging the other way finally.

5 Things Not To Avoid When You’re Being Hounded by Debt Collectors

Debt collection call

Hassled by a debt collector?

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Owing debt you can’t afford stinks. Owing debt you can’t afford and being hassled for payment by a debt collector is even worse. You likely never meant to let the bill go unpaid, but sometimes life gets away from you and money problems occur.

Bankruptcy Student Loan Discharge – What You Should Know

student loan stress

Stressed about student loans

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Very few debts are ineligible for bankruptcy discharge. Among them are recent income taxes, alimony, child support, and student loans. Also, ineligible are debts taken fraudulently or via theft or other similar shady means. However, student loans weren’t always nondischargeable – so how and why did they get carved out of the federal debt relief mechanism?

5 Great After-Effects of Wilmington Bankruptcy

Happy after bankruptcy

Life can be better after bankruptcy

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For those deep in debt looking for a better way, Wilmington bankruptcy might be the answer. There are two types of bankruptcy to consider – Chapter 7 and Chapter 13. Outcomes vary slightly between these and which you can file hinges on your debt, income, assets, costs of living, and family size. No matter which you choose, there are some positive outcomes you’ll enjoy after filing bankruptcy.

New Student Loan Forgiveness Lawsuit – Can It Help You Ditch Your School Debt?

Navient lawsuit

Student loan servicer Navient facing another lawsuit

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Student loans can be burdensome, but Public Service Loan Forgiveness (PSLF) offers hope to millions of borrowers. This program offers debt relief through service to police, firefighters, teachers, nurses, social workers, and other public servants. But now, a new class-action lawsuit accuses federal loan servicing company Navient of shortchanging student loan borrowers and making their road to debt discharge needlessly difficult and, in some cases, impossible.

Get Out of a Troublesome Car Loan With Greensboro Bankruptcy

Greensboro bankruptcy and car loans

Is your car loan troublesome?

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Not every loan is a good deal. Perhaps you made a poor financing decision or had to borrow to buy a car when your credit wasn’t great. If you’re struggling to pay your car loan, bankruptcy offers some options. Here’s a look at some reasons that a car loan can fail, and how Greensboro bankruptcy might help.

Student Loan Consolidation vs Refinancing – What’s Best for Your Finances?

Student loan refinance

Is refinancing or consolidating your student loans the right move?

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When you graduate college with student loans, it’s not just one big loan. It can be lots of smaller ones. To make things worse, they won’t all automatically fall under the same student loan servicer. It can leave you with a frustrating task when you want to request a change to an income-driven repayment plan or need a deferment, forbearance, or even answers to a question. Two ways to make your loans easier to manage are consolidation and refinancing. But what’s the difference and is either a good option for you?

Student Loan Borrowers Play A Dangerous Game With Strategic Default

Student loan game

Don't play dangerous games with student loans

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This week, Forbes reported a disturbing trend among some student loan borrowers engaging in what’s called strategic default. The site reports that there are “intentional” defaulters fighting back at what they call student loan slavery, servitude, and “economic terrorism.” While social protest can help change the world, it can also wreck your financial future if you’re not careful. For those considering taking a stand by not paying their student loans, here’s what you need to know.

Another Real Housewives Celebrity Bankruptcy – Lessons for Greensboro Consumers

Celebrity bankruptcy

Celebrity bankruptcy - another Real Housewife has money problems

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Reality TV is rife with celebrity bankruptcy filings, and no franchise has more cases of insolvency than The Real Housewives. Filers include those from the New Jersey, Atlanta, Beverly Hills, Orange County, NYC, and DC segments of the show. The latest housewife to go bust is Barbara Kavovit - a recent addition to The Real Housewives of New York City. Here’s what happened with this reality show drama and how it could help Greensboro consumers gain insight into their finances.

What is an Adversary Proceeding and How Does it Help With Student Loans?

Student loans

Adversary proceedings are the tool to fight student loans in bankruptcy

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If you’ve got student loans you can’t afford, one of the possible routes to relief is bankruptcy discharge. Before the 2005 bankruptcy reform act, it was much easier to unload student loans in bankruptcy if your financial situation was rocky. Post-2005, it became much harder - almost impossible in fact. But now the tides are turning again and it’s increasingly possible to diminish or eliminate your student loans in bankruptcy, but step one is an Adversary Proceeding. Let’s look at what it is and why it’s necessary.

Celebrity Bankruptcy Alert: Top Chef Burned by Business Debt

Celebrity chef Mike Isabella bankruptcy

Celebrity bankruptcy of Top Chef Mike Isabella

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Today’s celebrity bankruptcy alert is about Top Chef contestant Mike Isabella. Many reality stars fall prey to financial problems for many reasons. Dance Moms diva Abby Lee Miller had problems paying the bills at her Pittsburgh dance studio, filed Chapter 13 and hid her reality show income. That led to time behind bars. Many of the Real Housewives stars wound up in bankruptcy and some, like RHONJ personalities Joe and Teresa Giudice, faced jail time over lying to the court. This time, it’s business bankruptcy and a rockstar chef making headlines. These celebrity cases are always informative for anyone considering Wilmington bankruptcy and wondering what filing for debt relief can do for them.

5 Dangers of Student Loans- And How to Get Out of the Debt Trap

student loan crisis

Student loans out of control?

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Roughly 25% of all adults now carry student loans as one of the 44 million Americans with college debt. With a total price tag of $1.5 million and rising by the day, it’s a looming debt disaster on a personal and national level. For those who can afford the debt, that’s a good thing, but even so, it might come at a great sacrifice of other life goals. For those who can’t pay their college loans, the consequences can be dire. Here’s why student loans are so dangerous and how you can get help.

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