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September 2017 Archives

Estate planning protects your loved ones and peace of mind

Considering your own death can feel a little morbid. However, avoiding it can lead to a number of issues. For example, if you aren't married, your estate and assets will pass to other family members. If you have minor children, they could inherit your estate. If you haven't taken the time to create an estate plan or last will with guardians for your children, however, your children may not ever see those assets.

Understanding what happens to student loans in bankruptcy

Whether you're going through a Chapter 13 reorganization and repayment bankruptcy or a Chapter 7 with discharge of your debts, certain debts won't go away. In particular, typically, student loans don't get discharged in bankruptcy. That can be a source of great frustration, especially because student loans are often one of the biggest sources of debt in people's lives. Even in Chapter 13, where debtors try to repay as much as possible over a specific period of time, student loans likely won't get discharged.

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