Payday loans can wreak havoc on your finances. These high-interest loans are insidiously destructive because they tend to affect the people who have the least amount of money to spare.People desperate for a couple hundred dollars extra to get them through the week...
Month: August 2017
What’s pre-bankruptcy credit counseling?
On Behalf of Law Office of Ruth Nelson | Aug 18, 2017 | Chapter 7
If you want to complete your bankruptcy process, you'll need to complete pre-bankruptcy credit counseling and pre-discharge debtor education. The pre-bankruptcy counseling must be completed before you can file your bankruptcy and the pre-discharge education must be...
Debt-burdened beauty students get relief from their student loans
On Behalf of Law Office of Ruth Nelson | Aug 10, 2017 | Debt Relief
Twenty-five years following the closure of a chain of schools owned by Wilfred American Educational Corporation, the Department of Education has decided to forgive the difficult-to-pay federal student loan debts that numerous students owe after attending the schools....
What are creditors’ rights with regard to secured debt?
On Behalf of Law Office of Ruth Nelson | Aug 4, 2017 | Creditors' Rights
Different types of debt will be treated differently during your Chapter 7 bankruptcy process. For example, secured debt will receive priority treatment compared to unsecured debt. Secured debt would be, for example, a home mortgage, which is secured by the home...
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Law Office of Ruth Nelson
7742 14th Avenue NW
Seattle, WA 98117
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