Can My Student Loan Debt Be Discharged in Bankruptcy?

The short answer is usually no for federal loans. Let’s explore why and the possible exception. In a case from 2012, a married couple who was filing for bankruptcy tried to get their student loans Continue Reading

The Social Security Means Test in Bankruptcy Proceedings

The Means Test The means test is a device used in bankruptcy proceedings to limit the filing of Chapter 7 bankruptcy and to influence how lenders are repaid in Chapter 13 bankruptcy. Simply put, the Continue Reading

Don’t Let Your Ex’s Debt Hold You Back Financially

Ensuring that your divorce completely separates your debts and assets so you are not financially tied to your ex for years to come. Oh, the horror! Sheila begins receiving notices from a creditor Continue Reading

What Happens to Your Car Loan After Bankruptcy?

What happens to your car loan after bankruptcy? That is one of the biggest questions facing people when they consider filing for bankruptcy. The advantage of bankruptcy is that it provides a way to Continue Reading

The Bankruptcy “Means Test” and the Marriage Penalty

I wrote the Bankruptcy chapter in a book entitled “The Family Law Manual” for state District Court Judges in New Mexico. As someone who practices in the areas of both family law and bankruptcy law, I Continue Reading