Student loan debt creates financial stress for many borrowers. While Chapter 13 bankruptcy offers a way to restructure debts, student loans are more difficult to discharge than other types of debt. However, Chapter 13 can provide ways to manage payments and protect...
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Month: February 2025
What are the tax implications of forgiven medical debt?
Medical debt creates financial strain, and if you receive debt forgiveness, you might wonder how it affects your taxes. In some cases, forgiven debt counts as taxable income, but bankruptcy changes how it applies. Understanding these implications helps you make...
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The Law Office of Kim Covington, is a woman owned debt relief agency, and I have helped families, individuals and small businesses, file for bankruptcy relief under the U.S. Bankruptcy Code, for over 24 years.