Daily Archives: March 13, 2015

How Does Bankruptcy Affect Your Credit Score?

When filing for bankruptcy protection, many consumers are worried about the impact a bankruptcy filing will have on their credit scores.  The impact that bankruptcy will have on your credit will depend on a number of factors but, in some cases, bankruptcy can be the quickest route to rebuilding your credit. Credit Bureaus consider a…

ARE STUDENT LOANS DISCHARGED IN BANKRUPTCY?

For the vast majority of borrowers, student loans are not dischargeable in bankruptcy.  This is true for both government loans and private loans (lawmakers eliminated the distinction between government and private loans in the 2005 amendments to the Bankruptcy Code).   Student loans can be discharged for those who can show that the loans are an…