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Student Loans - A Modern Day Debtor's Prison? Government Considering Change Bankruptcy Laws to Allow Discharge of Private Student Loan
Posted by AcclaimLegalService
Prior to implementation of the "Bankruptcy Abuse Prevention and Consumer Protection Act of 2005" (BAPCPA), debtors were able to discharge private student loans in either Chapter 7 or Chapter 13 bankruptcy. Since then, young Americans have continued to struggle due to:
- Steep…
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We just received our discharge on our Chapter 13 bankruptcy today. I want to thank the staff at Acclaim for all the help given during the past 3 years. Everyone I have dealt with was very knowledgeable and gave concise answers to my questions and in timely manner.
Dear Julie, Thank you for the follow-up on our home foreclosure situation. We managed to borrow the money for our relatives to pay the reinstatement fee. Although it was very embarrassing, we felt it was the best course of action. I would like to thank you for all your help. We did talk to a couple…
In looking back, the best decision I made was to go with Acclaim – a bankruptcy only law firm. I was extremely stressed because of the financial situation I was in when I saw an advertisement for Acclaim. After my first visit I could finally feel hope.
I…
Cindy from your office gave me your information for feedback about our case.
Today she sent us a copy of the courts discharge, so our immediate feeling is over joyed to be done with the process. At the beginning we had no idea what to expect, but everyone in your office took their time to…