Can You Discharge Student Loan Debt in Bankruptcy? What Borrowers Need to Know in 2026

Can You Discharge Student Loan Debt in Bankruptcy? What Borrowers Need to Know in 2026 For decades, the conventional wisdom was simple and discouraging: student loan debt cannot be discharged in bankruptcy. That was never entirely true, but the legal barriers were so high that the myth became reality for most borrowers. Today, the landscape…

Personal Bankruptcy Filings Are Rising — What You Need to Know and Do Right Now

Personal bankruptcy filings rose 11% in 2025 and are accelerating into 2026. Learn what’s driving the increase — from record consumer debt to high interest rates — and the eight steps you should take right now if you see financial trouble ahead.

Bankruptcy vs. Debt Consolidation: Which Is Better?

Quick Answer: Bankruptcy vs. debt consolidation — which is right for you? Debt consolidation combines multiple debts into one payment, often at a lower interest rate, but doesn’t reduce what you owe. Bankruptcy can eliminate or restructure debt entirely, with legal protections that debt consolidation cannot provide. The right choice depends on your total debt,…

Can Bankruptcy Stop Wage Garnishment in Pennsylvania?

Quick Answer: Can bankruptcy stop wage garnishment? Yes. Filing a Chapter 7 or Chapter 13 bankruptcy petition triggers a federal “automatic stay” that immediately stops all wage garnishments — often within 24 hours of filing. In many cases, you may also be able to recover garnished wages taken within 90 days before filing. Your Paycheck…