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Tag: Financial hardship

It is a daily ritual for millions of Australians, but if you have noticed the price of your morning flat white or soy latte increase, brace yourself — it is likely to get worse. By the end of the year,...
It is a daily ritual for millions of Australians, but if you have noticed the price of your morning flat white or soy latte increase, brace yourself — it is likely to get worse. By the end of the year,...

Bankruptcy Breakthrough: Say Goodbye to Crippling Student Debt!

The Biden administration's updated bankruptcy policy makes it easier for borrowers to discharge student loan debt. Borrowers can now apply for a discharge by completing a form outlining their financial hardships. Although bankruptcy can be beneficial for individuals in extreme financial distress, most should explore other options like income-based repayment plans and loan forgiveness programs. The government may also announce a revised student debt forgiveness package soon, so waiting to see what relief is available is advisable.

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