How Will Bankruptcy in Colorado Affect Your Credit Score? If you are exploring your options with a bankruptcy in the state of Colorado, there are many things to consider when it comes to your credit score. Bankruptcy will initially have a negative impact if you have a solid credit score (650 and above) that includes…
Continue reading ›To directly answer the question, student loans can be discharged in bankruptcy. This topic came arose in the news last year, when the Department of Education released an official policy position on July 7, 2015 when it stated that it would not oppose the discharge of government backed student loans in bankruptcy proceedings if the…
Continue reading ›Bankruptcy Is Your Right Bankruptcy is one of the few laws or legal principles outlined in the United States Constitution. The founding fathers knew that in order to form a more perfect union (to use the words of Abraham Lincoln) the federal government had to allow for a safety valve in the case of debt…
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