CHERRY HILL
856-254-2196
PHILADELPHIA
215-647-9891
MAPLE SHADE
856-254-2196
WILLINGBORO
856-254-2196
SICKLERVILLE
856-254-2196
TOLL FREE
800-759-0767
CHERRY HILL
856-254-2196
PHILADELPHIA
215-647-9891
MAPLE SHADE
856-254-2196
WILLINGBORO
856-254-2196
SICKLERVILLE
856-254-2196
TOLL FREE
800-759-0767
the court wants to see if the person filing bankruptcy has the means to pay something back to the creditors. To do this, the court compares the debtors income to the average income of a family the same size as the debtor that lives in the same state as the debtor
Can student loans be discharged in Bankruptcy? The answer is sometimes. Different factors come into play such as is the student loan federal or private, is there a hardship, what type of institution the student attended and for what purpose was the money used.
If you find yourself facing overwhelming debt and you’re considering using bankruptcy to get out of it, are you the one who put yourself in this position? Probably not.
While filing a bankruptcy generally requires that you provide your attorney a lot of infomation regarding assets, liabilities, income and expenses along with doscuments like paystubs, bank statements and tax returns, and that you complete a credit counseling course that takes approximately one hour, it is still possible to file a Chapter 13 to stop the sheriff sale by filing an emergency (skeleton) petition and schedules.
Even if your income and expenses, with this add-on, still results in the need to file a chapter 13 and pay something to your creditors, your payments will be less than they would have been
