Bankruptcy, Blogs

What is an asset in bankruptcy?

WHAT IS AN ASSET IN BANKRUPTCY? Bankruptcy requires Debtors inventory and value their belongings at replacement value (i.e. if you replaced that 10 year old sofa with the same 10 year old sofa, what would you pay?). While it sounds like a fairly
July 10, 2014 Comments are off
Bankruptcy, Blogs

Restitution from Sallie Mae for Servicemembers

The Servicemembers Civil Relief Act is a law designed to provide extra legal protections for servicemembers entering the service, being deployed or otherwise called to active duty. The law also requires a cap on the interest rate charged on student loans during a servicemembers active duty period
July 1, 2014 Comments are off