A Texas man behind crypto firm Privvy Investments was denied a $12.5M bankruptcy discharge after admitting to running a Ponzi scheme and falsifying records. A Texas man who ran a cryptocurrency Ponzi ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
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What does it mean if your debt is discharged?
For many borrowers, the last few years have been a stressful cycle of rising costs, higher interest rates and mounting credit card balances that won't shrink no matter how diligent you are about ...
Life led Elizabeth Hadzic and Kim Coles to bankruptcy court. Hadzic, 50, a psychotherapist in Maryland, doesn’t make enough to support herself and her adult son, whose health struggles set her back ...
A federal judge has issued a ruling in the bankruptcy case of Shilo Sanders, giving the Colorado football player a victory that keeps alive his effort to discharge more than $11 million in debt. But ...
The Biden administration’s effort to make it easier to discharge federal student loans in bankruptcy hasn’t made the process as accessible as some borrower advocates and attorneys had hoped. “It’s a ...
The success rate for student loan borrowers who attempt to discharge their debt in bankruptcy has "jumped" to 87% in recent years, a new study finds. Still, few people pursue the option because of a ...
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10 Mistakes to Avoid After You File For Bankruptcy
Filing for bankruptcy can provide relief from overwhelming debt, but it can also come with significant restrictions and responsibilities. Knowing what you can’t do during or after filing is crucial to ...
Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...
If you’re getting hounded by creditors, facing foreclosure on your home or feeling overwhelmed by debt in other ways, bankruptcy might be the answer. Filing for bankruptcy has lasting ramifications on ...
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