The Trump administration is currently looking at refinancing loans at lower interest rates, and most importantly, eliminating student debt through bankruptcy.
Category Archives: Debt
TRANSFERRING ASSETS PRIOR TO BANKRUPTCY-PART III
Transfer of assets before bankruptcy
TRANSFER OF ASSETS PRIOR TO BANKRUPTCY- PART 2
What constitutes a fraudulent transfer or obligation prior to filing bankruptcy is a complex issue.
TRANSFER OF ASSETS PRIOR TO BANKRUPTCY- PART 1
TRANSFER OF ASSETS PRIOR TO BANKRUPTCY
Beware of Reaffirmation Agreements in Bankruptcy
A reaffirmation agreement is an agreement whereby the debtor agrees to remain personally liable on the debt as if the bankruptcy never occurred.
Supreme Court Sides with Debt Collectors in Bankruptcy Case
On May 15, 2017 the U.S. Supreme Court ruled in the case of Midland Funding, LLC v. Johnson, 581 U.S.____(2017), that debt collectors and purchasers are not in violation of federal law when pursuing debts during a Chapter 13 bankruptcy that they know to be beyond the statute of limitations. The 5-3 decision was a […]
Tips for Negotiating a Settlement with Your Creditors
While instinct tells you to run from creditor calls, there is a better way to deal with your debt. Read for tips on negotiating your way to better credit.
What Happens if a Homeowners Association Goes Bankrupt?
In this blog post we explore what may lead to a homeowners or condo association going bankrupt and what action they take if happens.
Understanding the Colorado Fair Debt Collection Practices Act
Long & Long P.C. can help you understand how the Colorado Fair Debt Collection Practices Act impacts your debt resolution efforts. Call 303-832-2655 today.
Top Tips For Handling Debt Collectors in Colorado
It can be overwhelming to get calls and letters that state you owe more money than you can afford to pay. It’s certainly understandable to feel helpless and it may feel like you have run out of options as the bills mount. However, you do have rights that will allow you to slow the process […]