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Tag Archives: Bankruptcy

Proposed Bill Would Make Discharging Student Loans in Bankruptcy Easier

Americans are carrying a staggering $1.7 trillion in student loan debt. Before the COVID-19 pandemic hit and a moratorium was placed on payments, 11 percent of student loans were 90 days or more past due or in default. With the economy still in turmoil, many experts expect defaults to increase when the moratorium ends this […]

How Does Bankruptcy Affect my Mortgage in Queens?

Since a mortgage is a secured loan that uses your home as collateral, filing for Chapter 13 bankruptcy actually has little direct effect on whether you get to keep your home. You typically have no risk of losing your home as long as you can keep your mortgage payments current. However, according to Bankrate, Inc., […]

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