On Alabama Consumer, our main consumer website, we have two new articles that you might enjoy reading.
First, “Does chapter 7 bankruptcy make my student loans go away?” This article discusses a common misunderstanding that simply filing a chapter 7 bankruptcy, and getting a discharge order, somehow discharges our student loans (federal or private). There is more to it than this — it is possible to discharge student loans but it is difficult.
Second, we often see collectors telling Alabama consumers “You can’t file bankruptcy anymore!” This is untrue. When collectors decide to cross the line into becoming abusive collectors, then the solution is normally to sue them under the Fair Debt Collection Practices Act (FDCPA).
We are going to be adding to our bankruptcy materials and hope that you find this information useful.