Benenati Blog

Recent Court Ruling Discharging Student Loan Debt in Bankruptcy Gives Borrowers’ Hope

For many people, discharging student loan debt in bankruptcy has seemed like an impossibility.  The fact that you could successfully complete a bankruptcy case and walk away still on the hook for the biggest category of debt you owe is enough to keep some borrowers from filing at all. Student loan debt is a nationwide …

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Tax Season Is Here: Important Tax Credits that Can Maximize Your Refund

Tax season is officially here, and most taxpayers are eligible for some big savings. To get the most out of your tax return, it is important you know the tax credits available to you to help maximize your tax refund. If you earn less than $69,000 annually, you can file your taxes for free via …

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Can filing for bankruptcy save your home from foreclosure?

If you are struggling to make your monthly mortgage payments and facing foreclosure, you may feel like there is no way out.  A sudden illness, divorce or job loss can cause a person to fall months behind on their bills and enter a cycle of debt.  The debt cycle is propelled by the person continuing …

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New Bankruptcy Program Helps Struggling Student Loan Borrowers Keep Their Professional Licenses and Receive Relief

The U.S. Bankruptcy Court for the Middle District of Florida announced in an administrative order issued on June 10, 2019, a program that will help borrowers who are struggling to pay their student loans receive relief as well as save their jobs and professional licenses. It is hard to believe that failure to pay student …

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The Consumer Commission Announces Recommendations That Will Improve Borrowers’ Ability to Discharge Student Loan Debt in Bankruptcy

The American Bankruptcy Institute’s (ABI) Commission on Consumer Bankruptcy released its final report that included recommendations on improving the consumer bankruptcy system. Most importantly, are proposed changes to student loan debt in bankruptcy. The statistics do not lie. Among the Class of 2018, 69% of college students took out student loans, and they graduated with …

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The Dangers of “Do It Yourself” Bankruptcy Software

When someone is facing the possibility of bankruptcy, the idea of coming up with the money to ‘pay for bankruptcy’ can seem like a stretch. This dilemma struck a Harvard sophomore to come up with a seemingly ideal solution: An online tool that “generates your bankruptcy forms and gets them reviewed by a lawyer for …

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Personal Loan Debt Reported as the Fastest Growing Consumer Debt in 2018

If you are facing a financial crisis, applying for a personal loan may seem like a good option for getting out of debt. If you have already taken this route, you’re not alone. According to new data from the credit reporting agency, Experian, personal loans are the fastest growing category of consumer debt. Clients that …

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