A 26-year-old woman in the Cleveland area was struggling to repay the $500,000 in student loan debt she had accumulated with the $19,000 she was making annually as an artist. Looking for help, the woman turned to a law firm in the area but was told there was nothing she could do except continue to make payments. Unable to manage the large monthly payments that had begun to consume her Read More
Whether you’re deep in debt or struggling to stay up with bills, there’s a solution to your financial situation. The Cleveland Bankruptcy attorneys have the knowledge and experience to fight for your best interest. Contact a Cleveland Bankruptcy attorney today to discuss your options at (216) 586-6600.
Young Father Successfully Files for Bankruptcy and is Refunded Garnished Wages
A young father and college graduate was overburdened with debt by the time he contacted the Cleveland Bankruptcy Attorneys. The man had accumulated a number of expenses over the years, which he charged to his credit cards. Some of these expenses included a computer, multiple spring break vacations, and groceries. After graduation, he was unable to get a good-paying job immediately. In addition to the coast of student loans, his Read More
Student Loans Difficult to Discharge
More than ever, it’s necessary to have a college degree to get a good job, but with tuition costs rising, two-thirds of all college students are graduating with some form of debt. Student loan debt in the U.S. totals more than $1.2 trillion, with the average student graduating with nearly $27,000 in loans after getting a four-year degree. Student loans are second only to mortgages as the largest form of Read More