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Tag Archives: Debt

Importance of hiring a law firm for debt settlement

Why choose a Law firm vs. a debt settlement company? We have all seen the late night commercials or radio adds promising to cut debt by 75%. These companies and their sales representatives have only one thing in mind and that is to earn a commission. Not necessarily having your best interest in mind they […]

Should You Hire a Bankruptcy Attorney?

Is it Necessary To Hire A Bankruptcy Lawyer? Filing for bankruptcy is one of the most distressing times of one’s life. Bankruptcy is the last resort to deal with one’s overwhelming debt problems and this should be strictly sought only when there are no other options. When people do go for bankruptcy filing, they will […]

Private Student Loans may once again be dischargeable in bankruptcy

On September 16, 2010, the House Judiciary Subcommittee on Commercial and Administrative Law took the first steps in reversing language in the 2005 bankruptcy law related to private student loan debt by approving on a 6-3 party line vote H.R. 5043, the Private Student Loan Bankruptcy Fairness Act. NACBA has been actively involved in helping […]

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