Why This Successful Business Owner Filed For Bankruptcy

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For some people, filing for bankruptcy comes only when the money is gone and they’ve got no ability to repay their debts.

But for one entrepreneur and his wife, filing  their Chapter 11 bankruptcy petition was a

California Woman Wipes Out School Debt in Bankruptcy

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Sometimes the most important question about discharging student loans in bankruptcy can be as small as whether you received the check. That’s what Tarra Christoff found when she filed for bankruptcy in Northern California.

In 2002,

Citigroup Being Investigated Over Student Loan Servicing Practices

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Just weeks after Discover was ordered by the Consumer Financial Protection Bureau to pay $18.5 million for illegal student loan servicing practices, Citibank is facing a probe into its own practices.

In a filing dated August 3,

Is It Smart to Use Bankruptcy to Buy Time on Student Loan Payments?

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If you’re in debt up to your eyeballs, you look to the bankruptcy laws to help you dig out of the hole and start over.

That, after all, is what the law’s designed to do –

Why a Fresh Financial Start Makes Sense

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Does your debt make you feel stuck in a bad place in your life?

You can’t get ahead, no matter what you try.

You pour everything you’ve got into worrying about the bills, so there’s no energy left

Tuition-Free College Movement Gaining Ground

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President Obama announced that he’d like to see tuition-free community colleges. Senator Bernie Sanders, candidate for President, went so far as to introduce a bill that would eliminate undergraduate tuition altogether at all 4-year public colleges and universities.


Department of Education Updates List of Troublesome Colleges

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The U.S. Department of Education has published their list of of schools facing extra scrutiny as of June 1, 2015, and it’s a good idea to check if yours is on the list.

A total of

Education Department To Screw Married Student Loan Borrowers With New Payment Options

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The U.S. Department of Education, as part of a continuing public relations effort to look like it’s trying to help federal student loan borrowers, on July 7, 2015 announced an enormous expansion of the highly-regarded

Untangling The Knot of Navient and Sallie Mae

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For millions of student loan borrowers, Sallie Mae is synonymous with educational finance. Now there’s a new name in town – Navient.

Founded in 1973, Sallie Mae (the nickname of The Student Loan Marketing Association) operated

Why Filing for Bankruptcy Isn’t Smart

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In over 19 years of being a bankruptcy lawyer I’ve heard – and been part of – both sides of the discussion about how smart it is to file for bankruptcy. After much consideration, I’ve