Many people wonder what happens to their student loans when they file bankruptcy. Are these loans discharged like unsecured credit? Or do you have to repay them like taxes and child support?
Continue ReadingCategory: Miscellaneous
Many people falsely assume that their car will automatically be taken away when they file bankruptcy, and that they won't be able to get an auto loan after bankruptcy for 7-10 years. Because of this, some people think that transferring the car out of their name before filing bankruptcy will save it from being liquidated. The truth is, not only does this not help you keep the car, but it can also be considered bankruptcy fraud.
Continue ReadingIf all you want for Christmas is a car, but you have filed bankruptcy, you may think that getting an auto loan is impossible. The good news is that it doesn't have to be! You can get the gift of an auto loan with bankruptcy on your credit this holiday season, to purchase the automobile that you're dreaming of.
Continue ReadingIf the majority of your debt comes from student loans, you may wonder if it's possible to get a student loan hardship discharge. In most cases, this isn't possible, so you will need to look into alternatives. However, for some people, a hardship loan may be possible.
Continue ReadingWhen your debt seems out of control, you're probably willing to do anything to save some money. This may include trying to file bankruptcy without a lawyer. Because bankruptcy laws are so complicated, knowing when to hire a lawyer is important.
Continue ReadingPresidents Day is a holiday that celebrates two of the best and most popular presidents this county has ever had – George Washington and Abraham Lincoln – so how did it get so popular in the car buying industry?
Continue ReadingIn 2010 over 64,000 Northern District of Illinois residents filed either a chapter 7 or 13 personal bankruptcy.
Continue ReadingIf you are thinking about filing for a chapter 13 bankruptcy and are worried what it will do to your auto loan, then you probably haven’t heard of the cram down process.
Continue ReadingBankruptcy; this small word can prove to do a lot of damage when trying to finance a vehicle at a national bank, but luckily there are Portland, OR car dealers helping with bankruptcy.
Continue ReadingIf you are looking for Arkansas bad credit car loans after bankruptcy at a traditional bank or credit union, you might have a difficult time being approved.
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