The worst types of debt: payday loans, co-signed loans, student loans
Most people have had debt of some kind during their lives. While in the perfect world it may be great to be debt-free, for most of us some debt may be very hard or impossible to do without (for example, a mortgage loan if you want to own a house) …
What happens to joint or co-signed loans or leases when you file bankruptcy?
If you have any any joint or co-signed loans or leases, typically your liability for them will be cleared when you file bankruptcy, if the debt is of type that can be discharged. For example, if you co-signed a student loan, your liability for the student loan will not be …
When you file bankruptcy, does it matter if you have a lease or a loan?
Leases and loans are treated differently in a bankruptcy case, so it’s important to know what type of contract you have. Make sure to keep and provide to your bankruptcy attorney, the lease agreement or the loan statement. So what are the differences? If you are leasing something, let’s say …