Articles Tagged with consumer debt

Bankruptcy Lawyer Bryan W. Stone answers the question: “Can I get credit after filing personal bankruptcy?”

Most consumers never give much thought to the possibility that a store they shop at or a service they use could just up and disappear. We take for granted that established brands will always be around, when the reality is that companies come and go all the time. When a store is sold or changes names, consumers rarely suffer, as debts owed are almost always honored. The same isn’t true in the case of bankruptcy filings, which can leave consumers out money they mistakenly imagined was secure.

Bankruptcy Lawyer Bryan W. Stone answers the question: “Can I get rid of student loans by declaring bankruptcy?”

A recent article in the Wall Street Journal discussed a tactic used by some debtors to escape what many once thought was inescapable: student loan debt. Bankruptcy rules were written in a seemingly ironclad way that prevents the vast majority of debtors from getting out from under potentially massive mountains of student loan debt. Though many have tried over the years, very few have succeeded.

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