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Posted October 10, 2012 in Bankruptcy by | Your Money & The Law

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Yes, You Can Ditch a Student Loan in Bankruptcy

It’s an often-repeated mantra: You can’t discharge student loans through bankruptcy. While it’s a reality for most indebted people, the conventional wisdom isn’t quite true. In a seldom-invoked provision, people in extreme circumstances can jettison their student loans if they can prove to a judge they face undue financial hardship.

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Famous Athletes Fall Prey to Ponzi Scheme

Professional athletes pulling in millions of dollars are wise to invest some of that money using a financial professional. Unfortunately, some former football players and a U.S. Olympic soccer player are finding they put their trust in the wrong hands.

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Divorcing Women: Your Husband Could be Hiding Assets

If you’re a woman going through a divorce, you need to ask yourself two tough questions: Could your husband be hiding assets? And if he is, does that mean you won’t get the divorce settlement you deserve? Hiding assets during a divorce is sneaky, unethical and illegal—and it happens much more frequently than most women suspect.

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Have a Bankruptcy or Credit Law Question?

The bankruptcy law forums should be one of your first stops if you’re dealing with a money-related legal problem or issue. Covering topics including consumer bankruptcy, contracts, credit and creditor issues, these forums are the place to ask questions and get answers before you hire a bankruptcy lawyer.

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Postnup Agreements on the Rise

The number of couples seeking postnuptial agreements during their marriage has increased over the past three years, according to a recent survey. Postnuptial agreements are similar to prenuptial agreements in that they determine who gets what after a divorce. The poll found that 51 percent of divorce attorneys questioned had noticed more couples signing the agreements.

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