Student Loans: Who Owns Yours?

Although student loans may be made by private lenders, most of them are guaranteed by a state or federal government agency such as the Kentucky Higher Education Assistance Agency (KHEAA) or the U.S. Department of Education.  Student loans are bought, sold and transferred just like mortgages and credit card accounts,

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You Received a Preference Demand Letter . . . Now What?

If you receive a letter from a bankruptcy trustee or Chapter 11 debtor in possession demanding that you or your business repay a “preference” or preferential transfer, there are a few things to know and do right away.  First, a preferential transfer does not mean you did anything wrong.  Recovering

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Chapter 11: It’s Not Just for Businesses

There is a very common mistaken belief that Chapter 11 reorganization bankruptcy is only for business entities.  To the contrary, Chapter 11 is ideal for high-income individuals or individuals with significant assets. Unlike Chapter 13 bankruptcy, there are no debt limits that determine your eligibility for Chapter 11 relief. Like

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The Tax Man Cometh: Your Options When Facing A Tax Levy

Due to the current state of the economy, more individuals and businesses are finding it difficult to pay their taxes.  If you have exhausted all available appeals with the taxing authorities or been denied for an offer in compromise, you may want to look at your bankruptcy options.  This is

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