The short answer is probably not. But it’s possible. According to one study, only 0.1% of student loan borrowers declaring bankruptcy attempt to get their student loans discharged. Of that number, 40% succeed. In other words, just 0.04% of ....(click read more)
Day: April 22, 2020
We often see retired people, living on a fixed income, and after rent and utilities, there’s not enough left to pay Capital One. Seniors are often judgment proof. That means that they lack assets that creditors may seize to satisfy ....(click read more)
Will Getting A New Job in Colorado After Filing Chapter 7 Bankruptcy Affect My Debt Discharge?Will Getting A New Job in Colorado After Filing Chapter 7 Bankruptcy Affect My Debt Discharge?
The purpose of filing a bankruptcy is to get a “fresh start.” That is what Congress intended. When a person files Chapter 7, its as if a picture is taken of that person’s financial circumstances on that very day. If ....(click read more)
Can a Colorado Bankruptcy help with Troublesome Car Loans?Can a Colorado Bankruptcy help with Troublesome Car Loans?
Do any of these scenarios sound familiar? Scenario Number 1: You finally did it. The car you had your eye on. You saved for the down payment, and the payment was affordable. Then you lost your job. Now you’re stuck ....(click read more)