Federal Bankruptcy Laws Article 1, Section 8 of the US Constitution grants Congress the power “to establish … uniform Laws on the subject of Bankruptcies throughout the United States”.  When we hear people talk about “Chapter 7”,”Chapter 11” and “Chapter 13”, they are referring to federal bankruptcy laws, passed by

You’ve seen the advertisements on late-night TV, heard them on the radio, and even seen them pop up on your Facebook page: companies offering debt consolidation loans that are “guaranteed” to lower your monthly payments and eliminate your debt quickly and easily. If you are facing what seems like an

The United States is the world’s only developed country not to offer universal health care. No matter what the school of thought is on a solution, most people can agree that the health care system in America is broken. Your family may include one of the 70 million people in

Are you or someone you know struggling to pay back your student loans? Many Americans find themselves in this position after completing their education, as costs for a collegiate degree continue to increase. Although it is very difficult, you may be able to discharge some student loans if you can

Many people thinking of filing for Bankruptcy have questions about how their life will look after their debts are discharged. Even after the bankruptcy is finished, it will be visible to creditors for ten years after the end of proceedings. Before filing for bankruptcy, it is important to have a

O Bankruptcy! O Bankruptcy! Much grief thou can’st give me; O Bankruptcy! O Bankruptcy! My belt is pulled so tightly; How often have the credit cards I see Afforded me the greatest glee! O Bankruptcy! O Bankruptcy! The bills pile up around me. O Bankruptcy! O Bankruptcy! A light shines