Student loan debt is rarely dischargeable in bankruptcy. If you are really in a bind, and the market doesn’t value your degree, what can you do?
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Student loan debt is rarely dischargeable in bankruptcy. If you are really in a bind, and the market doesn’t value your degree, what can you do?
When in dire financial circumstances, when you feel that you have done everything you can to rectify the situation, it might be tempting to consider bankruptcy. Personal bankruptcy can be one way for you to get something of a fresh start.

Most of us don’t like to think that bankruptcy is acceptable in any circumstance. After all, if we incur debt, shouldn’t we pay it? However, the recent economic turmoil, and the long, long recovery time expected for the economy and job market (some say the job market may never recover), some are beginning to rethink their ideas of whether or not bankruptcy is acceptable.

Six time Grammy award winner Toni Braxton filed for bankruptcy last year, for the second time. Here's a look at how she dug herself a 50 million dollar hole.

Debt & Bankruptcy are much debated. Some see bankruptcy as a free way out of debt, and others see it as theft! Before filing for bankruptcy consider these options!
Ever wonder what bankruptcy really is? See the answer to the question as well as who it's for, and when you should consider it. This is adapted from David Bach's Debt Free for Life.
Before declaring Chapter 7 or liquidation bankruptcy, consider these three reasons to choose partial debt repayment under Chapter 13.
We’ve decided to round up the most common myths that people believe as true and give you the facts so you can make more informed decisions regarding your money, beginning with debt:

Many Canadians are finding out that one of the fastest ways to bankruptcy is the excessive use of credit cards.

This is one woman's story of how she and her husband survived bankruptcy and foreclosure....and thrived.






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1 year 13 weeks ago
1 year 13 weeks ago