Life is stressful enough without having to live with persistent debt. Since most schools do not teach the options under bankruptcy, and most on the street do not adequately understand what is involved, you should seek experienced counsel when making such a consideration. This article is thus intended to provide you with ten circumstances under which you should consider using the power of the federal Bankruptcy Code. Here goes: 1) Threats of foreclosure or repossession: The primary purpose of filing bankruptcy is to protect your assets. If you have fallen behind on your mortgage, vehicle, or other payments, your… read more »
Updates on Student Loan Relief
*DISCLAIMER: This article is intended to share factual information and is not intended to reflect the author’s or CGA Law Firm’s stance or opinion on Student Loan Relief. This information is not intended to be a substitute for professional legal advice and does not create an attorney-client relationship. You should only accept legal advice from a licensed attorney with whom you have an attorney-client relationship. On Wednesday, August 24, 2022, President Biden announced another step in his student loan forgiveness plan wherein qualified borrowers will see $10,000 to $20,000 in student loan debt cancellation. Whether… read more »
