Understanding the Haven Act and Bankruptcy

The Haven Act changed bankruptcy law in 2019. It stands for “Honoring American Veterans in Extreme Need.” This law protects veterans during financial hardship. It ensures that disability benefits remain safe. Before this law, veterans faced unfair treatment in court. What is the Haven Act? The Haven Act treats veteran benefits like Social Security. Most […]

Bankruptcy Student Loan Relief on the horizon?

A proposed bipartisan bill in the U.S. Senate would allow student loan borrowers to discharge the debt through bankruptcy. A bill called the “Fresh Start Through Bankruptcy Act” would amend the Bankruptcy Code to permit a discharge of student loans under certain conditions. A discharge is a legal term in Bankruptcy that basically means that […]