On Saturday, November 7th, Joe Biden was declared the winner of the presidential election by all major news outlets. According to Joe Biden’s official campaign website, Biden plans to adopt the bankruptcy reform proposal brought forth by Senator Elizabeth Warren. Warren believed the 2005 bankruptcy bill, originally sponsored by President-elect Biden, made it harder for…

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Filing for bankruptcy is available to everyone including people with criminal records. Filing for bankruptcy with a criminal record can clear up any unnecessary debt from creditors and leftover money to put towards the debtor’s criminal financial obligations. However, bankruptcy does not discharge any criminal restitution payments. One of the benefits of filing a Chapter…

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With student loan debt topping over $1.6 trillion, it seems like a dream to ever be freed from student loan debt. However, It’s a possible task to discharge your student loan debt through bankruptcy. According to SSRN, only 0.1% have attempted to discharge their debts. It’s true that courts are willing, but few are asking.…

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With student loan debt topping  $1.6 trillion and over 40 million borrowers struggling to repay their debts during Covid-19, both President Trump and former Vice President Biden have plans to address one of the most important topics amongst the 2020 presidential election. Joe Biden plans to cancel up to $10,000 of student loan debt for…

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In recent years, student loan debt has topped $1.6 trillion, making it the largest of consumer debt. Common issues with student loan collection agencies consist of aggressive and abusive collection tactics and failure to accurately inform borrowers of their rights. Currently, bankruptcy laws make it difficult to discharge student debt. However , for most people…

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By: Priscilla Lozano In August 2019, Trump suspended the process of forgiving the debts owed by veterans suffering with severe disabilities, despite pledging and easy erasal. The loan forgiveness was halted in late October of 2019, for more than 20,000 veterans who qualify. In fact Pence stated, “With the stroke of a pen, the president…

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