Tips for Steering Clear of Student Loans

Although thousands upon thousands of people take out student loan debt, this is something that requires careful consideration. Especially if you have been asked to co-sign on a loan such as this, you first need to know all pros and cons. Even without securing a student loan, you or your child can earn a college degree. For example, you may want to compare tuition for several different institutions, looking for the most affordable. You can also work part-time or maintain a full-time job while attending night school. The bottom line is that before locking into a student loan, determine if...

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Responsibilities of a Chapter 13 Trustee

Also known as a “wage earner’s plan,” Chapter 13 bankruptcy is beneficial in some situations. For this bankruptcy filing, you are required to have regular income. In addition, you must come up with a plan for repaying your creditors. If the financial plan is approved, you are given between three and five years to pay back a portion or all of the debt. Although the court-appointed trustee is there to help you through the process, you may first want to contact a reputable Herkimer bankruptcy lawyer to determine if debt consolidation, credit counseling, or even a Chapter 7 bankruptcy is an...

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Herkimer Bankruptcy Lawyer Shares her Top Tips to Save Money

Are you tired of being in debt or looking for viable options for spending less? If so, the seven money saving tips provided below will make a huge difference in your life. In fact, by adopting several of these recommendations, you can save literally thousands of dollars every year. Keep in mind that if you are currently dealing with a serious financial problem, you can speak with a qualified Herkimer bankruptcy lawyer and turn around your life today. 7 Proven Ways to Save Money Used versus New — Sure, everyone loves buying new, but if your goal is to spend less, now is the time to start...

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What Documents Does Your Herkimer Bankruptcy Attorney Need?

Bankruptcy laws are much different today than years ago. The process of filing for bankruptcy is more complex, and to be successful, you must provide a great deal of documentation. Because the trustee scrutinizes everything, you need to hire the best Herkimer bankruptcy attorney possible. To avoid any problems, this attorney reviews documentation prior to filing. At first, you need to provide your bankruptcy lawyer in Herkimer with a copy of your: driver’s license social security card W2 tax form. Once the attorney files the bankruptcy petition, you must provide more documentation, including...

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Will I Lose My Car if I File for Bankruptcy?

Will I Lose My Car if I File for Bankruptcy? For many people, a vehicle is one of the few possessions that offers independence and value, so losing it in bankruptcy is devastating. If you are facing major financial problems and have concerns about losing your car in a bankruptcy, the first and most important step is to hire a reputable Herkimer bankruptcy attorney. Seeking Protection Because there are numerous facets of bankruptcy, you need a top-quality Herkimer bankruptcy lawyer on your side. The amount of money owed on the vehicle, if any; the current balance; and whether you are...

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