Avoid Misuse of Your $1,400 Stimulus
Paying your stimulus money to various combinations of creditors, in the hopes of avoiding bankruptcy or before a planned one, is dangerous.
Best Use of Your $1,400 Stimulus? Bankruptcy!?
You no doubt have countless uses for the next stimulus payment. But if you're like some people the very best use is to file bankruptcy. Like who?
Bankruptcy Advantages with the Foreclosure Moratorium
Use bankruptcy as tool to take the best advantage of the pandemic mortgage foreclosure moratorium. Get stability in an unstable environment.
Short Extension to Foreclosure Moratorium
The federal mortgage foreclosure moratorium now doesn’t expire until March 31. The President appears to prefer an extension through September 2021.
Status of the $600 Pandemic Relief Payments
Congress passed and Trump signed the new pandemic relief law, the increase to $2,00 isn't happening, so when are the $$600 payments coming?
Student Loan Moratorium Extended through September 2021
The federal student loan moratorium, which was extended in early December through January 31, now continues through September 30, 2021.
Eviction Moratorium Extended through March 2021
The federal rental eviction moratorium, which was extended late in December through January 31, now does not expire until March 31, 2021.
Student Loan Forbearance Extended through January 2021
The U.S. Department of Education announced a 1-month extended forbearance on collecting student loan payments & interest accrual.
Chapter 13 Timing to Discharge Student Loans
Discharging a student loan requires meeting the difficult condition called undue hardship. Chapter 13 can help through more flexible timing.
Chapter 7 Undue Hardship and Student Loans
Discharging a student loan requires showing undue hardship. The timing of your Chapter 7 filing can determine whether you succeed in this.
Bankruptcy Timing to Discharge Student Loans
Discharging, permanently writing off, student loans can be difficult. You may be able to make it easier to do with good bankruptcy timing.
Prevent Fraud Challenges on a Credit Card Debt
Very recent credit card purchases and cash advances can be a problem when filing bankruptcy. Smart timing can mostly solve this problem.
Smart Timing with the Presumptions of Fraud
You can avoid the presumptions of fraud, and so discharge more of your credit card debts, by timing your bankruptcy filing right.
Federal Eviction Moratorium Update
The current federal eviction moratorium comes with a number of qualifications and conditions. Be aware of them. It's a limited but helpful tool.
Chapter 13 and the Eviction Moratorium
Use Chapter 13 to catch up on back rent that piles up during the eviction moratorium, so that you can stay in your rental long term.
