Sentences with phrase «most other unsecured debts»

Unlike most other unsecured debts, student loans have a special status in bankruptcy in that it can not be discharged (forgiven) through bankruptcy.

Not exact matches

Credit card debt is in most cases unsecured debt that features high interest rates compared to other form of debts.
· Don't consolidate the student loan debt with other unsecured debt as you can most likely find a lower rate and better payment terms on the student loan debt if handled separately.
Most personal money problems involve credit card debt or personal loans that can't be managed — that, or other forms of unsecured debt too.
It's not easy to get out of debt alone, but filing for Chapter 7 bankruptcy allows a person to keep most of their property AND rid themselves of medical debt and other types of unsecured debt, like credit card bills and personal loans.
This is why credit cards and other unsecured debt are the most dangerous types of debt to accumulate.
Unsecured debts are not tied to any asset, and include most credit card debt, bills for medical care, signature loans, and debts for other types of services.
In most cases, a person can get substantial savings every month by using a second mortgage to pay off credit cards and other unsecured debts.
We're not suggesting that you should not contribute to savings, but if you compare the annual yields (interest paid) on savings accounts, certificate accounts, and most investments, they'll be less than the annual percentage rates (APR) paid on credit card debt and other unsecured consumer debts.
In most cases, any fees due under a pre-filing contract are discharged along with all the other unsecured debts.
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