September 2017 September 2017

The Chapter 7 Means Test

Posted on : September 25, 2017, By:  D.C. Higginbotham
Bankruptcy Means Test

A Chapter 7 bankruptcy is one of the most common forms of bankruptcy filed today. It involves liquidating the majority of your non-exempt assets (excluding things you need for daily living, like your home and car) and using those funds to pay your debts. Anything left over that is an unsecured debt is typically discharged,… Read More »

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Under What Circumstances Can a Student Loan Be Discharged?

Posted on : September 2, 2017, By:  D.C. Higginbotham
Jacksonville Bankruptcy Lawyer Student Loans

Student loans are typically considered one of the few non-dischargeable debts in a bankruptcy claim. Other non-dischargeable debts include tax debt and other types of secured debt. However, there are some circumstances that will give a person the ability to have their student loans discharged anyway. This loophole is called the Brunner Test. The Brunner… Read More »

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