Tag Archives: bankruptcy
Will Your Student Loans Lead to Bankruptcy?
Receiving a college education is one of the most important – and expensive – life goals to accomplish. However, overwhelming debt often becomes the high price of education. In the current economic climate, jobs are harder and harder to come by. Young adults today face thousands of dollars’ worth of debt, with no way to […]
What Happens if a Debtor Dies During Bankruptcy?
If a debtor passes away during any type of bankruptcy filing, the proceedings can continue as if the debtor was still alive. The case does not automatically end and the debts are still owed to creditors until a discharge is granted. Only an automatic stay prevents creditors from pursuing payment from the debtor’s estate. If […]