Clearing student debt through bankruptcy means proving an undue hardship. This legal rule is very hard to meet. New Jersey residents should consider other options first. Borrowers can check income-driven plans, payment pauses and federal forgiveness programs before...
Month: July 2026
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Is bankruptcy better than using retirement savings to pay off debt?
When debt becomes unmanageable, many people look at their retirement accounts and wonder if cashing out is the responsible choice. Others consider bankruptcy to address the debt but worry it could permanently derail their financial future. Who is right? Although there...
What is the bankruptcy means test?
If you are in serious debt, then you may be contemplating bankruptcy. Bankruptcy is a process that can help you resolve large amounts of debt. There are two common forms of bankruptcy for individual filers. You may be eligible for Chapter 7 bankruptcy to wipe away...

