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Bankruptcy Case Offers Hope for Student Borrowers

– by Isaac Bowers (Equal Justice Works).  A 10-year court battle waged by Michael Hedlund, a graduate of Willamette Law School, to discharge his student loans has recently ended with a 9th U.S. Circuit Court of Appeals decision partially discharging his loans. Hedlund borrowed about $85,000 to get his undergraduate and law degrees, then failed…

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Five Rules to Discharge Tax Debts

Five Rules I ncome tax debts may be eligible for discharge under Chapter 7 or Chapter 13 of the Bankruptcy Code. Filing for bankruptcy is one of five ways to get out of tax debt, but you should consider bankruptcy only if you meet the requirements to Discharge Tax Debts In Bankruptcy. Chapter 7 provides…