Monthly Archives: September, 2012

Bankruptcy Filings Today: Fewer Assets, Fewer Debts

Concerning bankruptcy filings today, the Albuquerque Journal reported recently that: “Consumers headed into U.S. Bankruptcy Court last year with substantially fewer assets and less debt than in 2010, a possible sign of the toll that the struggling economy has taken on some families, according to a just-released federal report.” I think that’s a fair conclusion. […]

Default on Loans and Debts: Higher Education Student Loans

Student loan debt and student loan default is one of the most serious problems facing the country’s long term recovery and health, and it is increasingly in the news.  I’ll post frequently about this topic. For today — a recent New York Time’s article reports:  In all, nearly one in every six borrowers with a […]

What happens to your kids’ education and educational loans if you are in bankruptcy?

Today, is a guest post — I’ll add my comments to it tomorrow. What happens to your kids’ education and         educational loans if you are in bankruptcy? By Victoria Maydanik, San Jose bankruptcy attorney in California, and owner of Maydanik Law Firm.   Many recent graduates of colleges and professional schools are not able to […]