Sentences with phrase «federal bankruptcy law prohibits»

Federal bankruptcy law prohibits discharge of student loan debt except in extremely limited circumstances.

Not exact matches

When you file bankruptcy, federal law imposes an «automatic stay» which prohibits your creditors from taking any action (including phone calls) to collect debts from you including court judgments and tax debts during the pendency of the bankruptcy.
Current laws prohibit federal and private student loans from being discharged in bankruptcy.
Regardless of whether you work for the government or a private employer, federal law prohibits employers from firing an employee solely because they have decided to seek bankruptcy protection.
The blogosphere has long buzzed with reports that Americans have fallen prey to certain myths about credit cards and personal finance — from the notion that checking your credit report will lower that score to the belief that federal bankruptcy law now prohibits individuals from filing for Chapter 7.
«Forcing a debtor into bankruptcy as a means of trying to collect on a debt is prohibited by federal law,» said Brandon bankruptcy lawyer O. Reginald Osenton.
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