Bankruptcy and Finance Information Network Exchange

CNN

Here’s what borrowers should know.

For the first time in more than three years, federal student loan borrowers will be required to pay their monthly student loan bills starting in October.

Forbes

The student loan pause is actually, definitively coming to an end after over three years. President Joe Biden is soon expected to sign the debt ceiling bill approved by the House and Senate earlier this week. The compromise measure would preserve Biden’s signature student loan forgiveness plan, but would codify the end of the student loan pause.

GO Banking Rates

Bankruptcy. It’s a word that evokes dread in many Americans. Why? Because it may feel like the end of the road, the last resort, the end, in a way, of the game of debt. But how does one know it’s time to file for bankruptcy? 

Fox 2 Detroit

The Biden administraiton has made it easier to file for bankruptcy and cover student loans. But is that a smart financial step? Fox 2 Detroit reporter, Roop Raj, dive into the new reglationgs regarding bakrupty and student loans in the United States.

Keith L. Rucinski | Chapter 13 Trustee

Bankruptcy Legend: I do not need a lawyer to file Bankruptcy, all I have to do is complete some forms. In the United States people can choose to represent themselves in court, including bankruptcy court. The term to represent yourself without counsel is “pro se”. 

The Balance

Whether you're stuck in a cycle of debt, earning too little to maintain your desired standard of living, or simply wanting to get a jump on saving for a major financial goal, such as buying a home or investing, you may need help to get on track with your objectives.

Island Now

As someone who gets credit report notifications, you should be familiar with changes in your credit score. It is quite common for your credit score to fluctuate with minor increments. If you ever rejoice when your credit score increases, you are likely know the dread when it drops.

The Good Men Project

Times are challenging in America with the coronavirus. You may be experiencing the stress that comes with financial hardship and are considering a Chapter 13 bankruptcy.The purpose of this article is to inform you about the most important things about bankruptcy.

Melinda Opperman, President, credit.org

When people are struggling with their debts, they have a lot more options than they might realize. There are professionals, non-profit organizations, and free online resources available to help no matter how one’s personal finances look.

Business Insider

Bankruptcy can offer lasting financial relief to people struggling to repay their debts, but it comes at a cost. A bankruptcy filing can stay on your credit report for up to 10 years, flagging you as a risk to lenders. This can make it harder to get approved for new, affordable loans until you rebuild your credit. Here's how bankruptcy can affect your chance of getting a car loan.