By Tucker Griffin Barnes | Published March 31, 2023 | Posted in Bankruptcy Attorney, Charlottesville Attorney | Tagged Tags: Attorney Lynn Bradley, Charlottesville Attorney, File for Bankruptcy, Student Loan Debt Discharge | Comments Off on Bankruptcy Law Changes: Student Loan Debt Discharge Is Now Easier for Borrowers
Bankruptcy Law Changes: Student Loan Debt Discharge Is Now Easier for Borrowers
Student loan debt is one of the most significant financial burdens faced by Americans today, with more than 43 million people in the United States owing a total of $1.7 trillion in student loans.[1] To alleviate this financial crisis, bankruptcy laws have undergone significant changes that may make it easier for borrowers to discharge their Read More
Could the COVID-19 Pandemic Lead to the End of Medical Bankruptcy?
In the middle of an election year where healthcare is already a hotly debated issue, the COVID-19 pandemic has stirred further discussion about whether major changes are necessary. During the Democratic presidential primary, the concept of Medicare for All split the candidates. While the candidate who promoted that concept has since dropped out of the Read More
Reasons to Convert from Chapter 13 Bankruptcy to Chapter 7 Bankruptcy
Although most people only have to file for bankruptcy once, sometimes people who originally file for Chapter 13 need or want to convert to Chapter 7 bankruptcy. There are also certain situations where the court will force a debtor to switch to Chapter 7. You can convert from Chapter 13 to Chapter 7 at any Read More
WHAT ARE THE DIFFERENT TYPES OF BANKRUPTCY?
“I need to file for Bankruptcy, but I don’t know which one.” We hear that a lot. The following is a short explanation of the four basic types of bankruptcy. Please contact our Bankruptcy attorney, Shannon Morgan, if you need help. What are the Different Types of Bankruptcy? The Bankruptcy Code provides for four different Read More
