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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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Five years ago I was in so much debt that I couldn’t think straight. I wasn’t eating or sleeping properly. Then I lost one of my jobs (neither one was paying very much, just a bit over minimum wage). I began to be late on my house notes every month. I got into a car accident which threw me behind…
I want to take a minute to thank you for always being available to answer my questions (no matter how obscure! Lol). I thank you for the time and patience you have with me. If no one tells you, you are an angel on earth and highly appreciated.
I retained representation with Acclaim Legal Services after I had previously retained representation by a different law firm. My previous attorney was never available for me to consult with them, and treated me very rudely. As a result of this treatment I decided to retain Acclaim Legal Services to…
THANK YOU THANK YOU THANK YOU for all the work your firm did for us. We were at wits end with all the collection calls, until one of my wifes co-workers recommended ALS. Since that day 5yrs ago we have had the pressure removed. We were treated with the utmost…