Are Student Loans Dischargeable in Bankruptcy?

Are Student Loans Dischargeable in Bankruptcy?

Student loans can be very difficult to deal with. It’s a national problem, but my clients in Southeast Iowa seem to have lots of student loan issues. There is a lot of momentum in Congress relating to student loans and the ability to discharge them in a bankruptcy...
What Is Bankruptcy And How Does It Work?

What Is Bankruptcy And How Does It Work?

Filing bankruptcy can accomplish many things. Bankruptcy is a federal legal process which allows debtors (those who owe debts) to eliminate (“discharge”) their personal liability on or “reorganize” their debts. Not all debts can be discharged. But most can. The...
Can You Eliminate Taxes In Bankruptcy?

Can You Eliminate Taxes In Bankruptcy?

Can you get rid of and eliminate tax debt owed to the Internal Revenue Service or State of Iowa Department of Revenue or other taxing agencies? Or, as many often ask: Can you include taxes in a bankruptcy filing? The answer in many cases is: “YES!” Certain tax debts...
The Different Bankruptcy Chapters

The Different Bankruptcy Chapters

There are several different chapters in the United States Bankruptcy Code which allow for different types of debt relief for different types of individuals and enteritis. The bankruptcy “chapters,” as they currently exist are 7, 9, 11, 12, 13, and 15. No, that’s not a...
3 Tips for Avoiding Will or Trust Contest

3 Tips for Avoiding Will or Trust Contest

Dead men tell no tales. In a perfect world, property owners would just have to write their wills and be relieved that their family and friends are taken care of or that the future of their investments is secured. Unfortunately, that is not the case in the world we...