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...
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Month: July 2012
Medical Bills Cause Financial Hardship for Women in U.S.
On Behalf of Pelley Law Office LLP | Jul 20, 2012 | Bankruptcy
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?
On Behalf of Pelley Law Office LLP | Jul 11, 2012 | Chapter 13 Bankruptcy
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...
FAQs: Bankruptcy and Credit
On Behalf of Pelley Law Office LLP | Jul 6, 2012 | Bankruptcy
The following are some of the common questions clients ask about bankruptcy and credit. The answers are general information that should not be construed as legal advice.What will my credit score look like after bankruptcy?For about a decade after your bankruptcy, your...