Recent Posts in Repayment Plan Category

  • Company Accused of Preying on Student Loan Borrowers Files for Bankruptcy

    Here's a problem I am seeing more and more of as student loans skyrocket. As reported in the ABI Journal, Student Aid Center Inc. filed for bankruptcy last week, claiming between $500,001 and $1 million in assets and between $1,000,001 and $10 million in estimated liabilities, reported on Friday. The company is part of a burgeoning industry of student debt-relief firms that ...
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  • 50 Cent Says Bankruptcy Plan Would Be Like Indentured Servitude

    ​Bankrupt rapper 50 Cent says the debt-repayment proposal up for review by a judge later this week would subject him to a form of modern-day indentured servitude, the Wall Street Journal ’s Bankruptcy Beat blog reported yesterday. In court papers, lawyers for 50 Cent, whose real name is Curtis James Jackson III, argued the proposal would force the 40-year-old entertainer to turn over all of the ...
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  • Disclose finances to spouse to avoid debt, bankruptcy

    When Arizona husbands mislead their wives about their spending habits, they may be hiding the fact that they spent excess money on entertainment, power tools, guns and sometimes cars. and discovered the astonishing fact that 37 percent of the approximately 23,000 men and women lie about money to their partner. In addition to this, 32 percent of women and 17 percent of men ...
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