Bankruptcy Course Requirement: Evaluation and Education

In 2005, the Bankruptcy Code was rewritten, and included in the changes was a requirement that debtors take two courses related to financial management. The first course is on the topic of credit counseling. This course helps the student analyze their financial situation and consider their options for reducing and/or eliminating their debt. Almost all […]

Discharging Credit Card Debt in Chapter 7 Bankruptcy

Are you struggling with credit card debt? You are not alone. Millions of Americans carry balances on high-interest credit cards and once you start charging it can be very difficult to ever pay off the balance on these cards. Even low-interest credit cards are an expensive way to borrow money, with rates usually in the […]