Chapter 13 Bankruptcy Might Be the Best Solution For Your Student Loans

http://bit.ly/1te4nG0 People who have a large amount of student loans here in NJ are mainly seeking to survive financially. If you have federal loans, there are strategies for getting an affordable payment plan . But what if you have a NJ state CLASS or private loan? One solution is to file a chapter 13 bankruptcy. Find out why!

From: Richardson Law Offices

Related topics : student loan bankruptcies

Congress inaction to double student loan rates

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Congress faces July 1 deadline on doubling interest rate on subsidized student loans and if it doesn't act, interest rates on new federally subsidized student loans will increase from 3.4% to 6.8% on July 1. That means that low income students have no choice other than go to a college and do something themselves or to join Armed Forces and there is no bankruptcy protection for the loans, as Stef Gray, consumer advocate told RT.

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From: RT America

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Discharge of Student Loans in Bankruptcy

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A woman with five children found herself unable to obtain a job. She filed for Chapter 7 bankruptcy and asked the court to discharge $300,000.00 in student loans. The debtors contended she should be able to work and her absence from the workplace was voluntary.

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From: David Allen

Related topics : student loan bankruptcies

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Bankruptcy: Aggressive Debt Collection, Student Loans & More

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What are your rights when it comes to debt collectors? How can you prove harassment? Program 1342.

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From: The American Law Journal