Fleysher Law Blog

student loans

Bipartisan Student Loan Bankruptcy Bill Introduced

The Fresh Start Through Bankruptcy Act would change the bankruptcy code to make it easier to discharge student loans under certain conditions. Senators Richard Durbin (D-IL) and John Cornyn (R-TX) are the bill’s sponsors (R-TX). Undue Hardship While it is not impossible to discharge student loan debt through bankruptcy under existing law, it can be extremely difficult. To do so, most borrowers must demonstrate “undue hardship,” which is a difficult

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How To Make a Last Will and Testament

You know that your last will and testament is an important document. But do you know how to draft one? If you are considering drafting a last will and testament on your own or are planning to get one drafted by a lawyer, this blog post is for you. Know everything you need to learn about will writing and making it legally valid. We will take you on a step-by-step

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How to Reinstate a Car Loan After Repossession?

Losing your car is heartbreaking, stressful, and expensive. Even worse, you still have to pay for your car loan. It must be challenging to lose your job or income after repossession. Fortunately, there’s a solution! You may be eligible for reinstatement of your car loan. It will reduce the number of bills you owe and make it easier to meet your car finance commitments. To find out more about reinstating

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Florida Auto Negligence Lawsuits & Judgments (from a Bankruptcy Attorney Perspective)

Uninsured & Under Insured Drivers in Florida A recent report from PolicyGenius shows that Florida currently ranks 10th in the nation in number of serious car accidents. The sobering statistics show that in 2019, more than 3,000 Floridians died in motor vehicle accidents. Another study from the Insurance Information Institute shows that Florida ranks 6th in the nation for the most uninsured drivers. According to the study, over 20% of

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Things You Need to Know Before Declaring Bankruptcy

Various financial problems cause bankruptcy. It could be caused by a sudden death of a sole provider, a severe medical emergency, an unforeseen loss of income source, or it could be because of the pandemic. Sometimes it’s the amalgamation of multiple factors. Declaring bankruptcy is not easy, but it can also be your only way out. If you consider declaring bankruptcy, we discuss here the ten things you need to

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What Are the Different Types of Bankruptcy Classifications?

Declaring bankruptcy is the last straw many debtors and business owners use to seek debt relief. Debtors can utilize bankruptcy as a tool to default on their debt and seek alternative ways to settle them with their creditors. Claiming bankruptcy is a double-edged sword. Although you may find relief from your debt, you may also suffer long-term consequences because of your bad credit record. Managing your personal finance is still

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How to Find a Great Chapter 7 Attorney

Debt is an inevitable part of making big purchases. Most financial experts even advise people to seek loan assistance when making a significant purchase. If managed, you are eventually cleared of this debt. Unfortunately, this is not the scenario for every debtor. Some people might face financial hurdles leading to their bankruptcy. Most people interpret bankruptcy as the lack of financial assets. However, bankruptcy means that an individual’s loan exceeds

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What Does a Chapter 13 Attorney Do?

Bankruptcy is an unfortunate reality of modern life, but we have to deal with the process when it becomes necessary. Many people are unfamiliar with how Chapter 13 bankruptcy works or what a Chapter 13 bankruptcy lawyer does. If you are considering Chapter 13 bankruptcy to take control of your finances, please keep reading. This blog post will discuss what you should know about Chapter 13 bankruptcy, what to expect from your

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Can SBA Loans Be Discharged in Bankruptcy?

Building a small business comes with huge risks and investments. Often, financial resources are insufficient to support a business. This challenge will prompt you to seek assistance or loans to keep your business running. Unfortunately, it doesn’t always end well. You may find yourself asking “can SBA loans be discharged in bankruptcy?” Understanding the specific information related to loans and loan removal is crucial if this is your case. This

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Bankruptcy Attorney

How To Select A Bankruptcy Attorney

While bankruptcy filings might seem simple to those on the outside, any experienced bankruptcy attorney can tell you that there is much more to it than just filling out forms. The first key element is reviewing your entire financial situation and determining whether or not you should file for bankruptcy. And if yes, when the most advantageous time to do so is. Then, you must complete all of the paperwork

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Myths About Personal Bankruptcy

6 Myths About Personal Bankruptcy and Foreclosure

When you have found yourself in a financial dilemma and are faced with bankruptcy and foreclosure, you may be thinking this is the worst thing to ever happen to you. You need to remember not to listen to all the myths about personal bankruptcy and focus on the facts. People from all walks of life get in over their heads sometimes and need a financial reset. If you are facing

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