Sentences with phrase «with dischargeable debt»
As to student loans and tax debt, please do not confuse unsecured debt with dischargeable debt.
http://lrlawoffice.com/ Not exact matches
Moreover, not all debts are dischargeable so you will end up with some outstanding obligations you will need to meet on a monthly basis, thus limiting your income.
Chapter 7 is not a payment plan, all the unsecured debt that is legally dischargeable is erased with no payment whatsoever and the consumer gets a fresh start.
Regardless, any consumer who has vocational student loans with a private lender should have their attorney go for a full discharge if the school they went to was not an «eligible education institution» under 26 USC 221 (d)(1) and (2) means that the debts are not «qualified education loan (s)» under 11 USC 523 (a)(8)(B), and therefore are dischargeable.»
If you borrow money with the specific intent of discharging the debt in bankruptcy instead of paying it back, the debt may not be dischargeable.
Income - base repayment plans are not available for those with private loans and the debt is not dischargeable in bankruptcy.
The attorneys at Susan M. Williams LLC have over 20 years of experience with bankruptcy and dischargeable debt.