Student loan debt has been notoriously difficult to discharge in bankruptcy. They typically have to show that repaying it would cause them "undue hardship." However, a report just released by the American Bankruptcy Institute's (ABI) Commission on Consumer Bankruptcy...
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Can you discharge your tax debt in Chapter 7 bankruptcy?
As Tax Day nears, it seems like a good time to look at whether tax debts can be discharged if you file for bankruptcy. It's possible to discharge it if you file for Chapter 7 bankruptcy, but a number of criteria need to be met. The debt must be associated with a tax...
The 10 U.S. cities with the most credit card debt
Credit card debt is a national problem. The Federal Reserve reports that the total U.S. credit card debt reached more than $1 trillion in 2018. A snowballing credit card bill can quickly overwhelm you. It can seem like you will never get out from underneath it....