How Long Does a Bankruptcy Case Take?

Once you’ve decided to seek a financial fresh start, you no doubt want the process to move as quickly as possible. Unfortunately, no court case ever moves quickly. And bankruptcy is a court case, not just a matter of filing some routine paperwork. Here’s what you need to know. Chapter 7 Bankruptcy A Chapter 7…

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What is an Adversary Proceeding in a Bankruptcy?

Pile of money and a graduation cap

An adversary preceding is a separate legal action taken during a bankruptcy case that seeks to achieve federal student loan discharge. It is, essentially, a lawsuit that you are launching to obtain student loan relief.  Most private student loans may be discharged in normal bankruptcy proceedings.  When you launch an adversary preceding, you are making…

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