Pelley Law Office LLP
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214-733-1775
972-608-0335
903-813-4778

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July 2012 Archives

Federal Agency Recommends Discharging Private Student Loans in Bankruptcy

This week, the Consumer Financial Protection Bureau, a government agency in charge of regulating consumer protection, issued a report to various committees in Congress that discussed the status of private student loans. Perhaps most importantly, the report suggested that Congress allow former students with private student loans to discharge their loans in bankruptcy.

Medical Bills Cause Financial Hardship for Women in U.S.

In a recent blog post, we discussed how medical bills can lead to financial hardship and how bankruptcy can help those in debt reach financial freedom. Now, a study published by the Commonwealth Fund shows how significant medical debt really is in the United States.

Should I Co-Sign a Loan After Filing for Chapter 13?

Filing for Chapter 13 bankruptcy has many advantages: it offers you a chance to prevent your home from being foreclosed upon and may prevent your car from being repossessed. Although there are many incentives, after filing for Chapter 13 bankruptcy, some care should be taken in making financial decisions going forward.

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Plano office
Sherman office
Dallas office

Plano Office
1312 14th Street, Suite 100
Plano, Texas 75074

Phone: 972-608-0335
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Sherman Office
905 North Travis Street
Sherman, Texas 75090

Phone: 903-813-4778
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Dallas Office
6060 North Central Expressway, Suite 602
Dallas, Texas 75206

Phone: 214-733-1775
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