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School Loans Burden Students With Unmanageable Debt

When debt becomes overwhelming, the logical step for many people is to file for bankruptcy to get a handle on debt through reorganization or a fresh start through liquidation. While bankruptcy could be an appropriate option, care should be exercised as there are special rules that apply in bankruptcy to student loans. Unfortunately for students,… Read More »

Debt Can Drag A Young Person Down

Young adults are deeply in debt and, by and large, it’s not their fault. The youth of today are facing unforgiving student loans and seemingly insurmountable credit card debt — all during a time of slow job growth. The main source of young adult debt is undoubtedly student loans.  The percentage of borrowers who default on… Read More »