Entries by Alexis Ellerbrook

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Tax Refunds are being Held Up in Atlanta

Tax Refunds are being Held Up in Atlanta Last weekend lines at the downtown IRS location in Atlanta, GA were exceptionally long due to a hold up on people receiving their tax refunds. These long lines were due to many receiving a request from the IRS to verify their identities in person. The people in […]

Dischargeable Debt in Bankruptcy

Dischargeable Debt in Bankruptcy Unfortunately, filing for bankruptcy does not automatically take care of all your debt. How much of your debt is dischargeable depends on the type of debt you have and the type of bankruptcy you file. What Is a Discharge in Bankruptcy? A discharge is the endgame of a bankruptcy. It is […]

Taxes and Bankruptcy

Taxes and Bankruptcy Even if you don’t think that you owe any back taxes, making sure that you have your taxes on file is important for the successful confirmation of your Chapter 13 bankruptcy plan. This is to prove to the IRS and your state tax collectors how much, if any, tax debt needs to […]

Your Bankruptcy Doesn’t Have to Affect Your Spouse

Your Bankruptcy Doesn’t Have to Affect Your Spouse When you are facing the reality that bankruptcy is your best bet to discharge overwhelming debt, you may find yourself worrying about what that will look like for your spouse. Luckily, just because you are filing bankruptcy, doesn’t mean your spouse has to as well. It is […]

Overwhelming Medical Debt May Lead to Bankruptcy

Overwhelming Medical Debt May Lead to Bankruptcy The average family of four will have experienced medical costs of around $31,000 in 2023. Because of this, one in every three Americans are dealing with some form of Medical Debt. Further, an average of 51% of adults said they are concerned with being able to afford the […]

Biden Cancels $1.2 Billion in Student Loan Debt, What Now?

Biden Cancels $1.2 Billion in Student Loan Debt, What Now? Biden cancels $1.2 billion in student loan debt for 150,000 borrowers, bringing the total cancelled debt to $138 billion for 3.9 million borrowers. This recent cancellation benefitted those enrolled in the income-driven repayment plan called SAVE. If you didn’t sign up or didn’t qualify for […]

Indiana Unemployment Claims on the Rise

Indiana Unemployment Claims on the Rise The US Department of Labor reported that Indiana unemployment claims rose in the week ending on January 27th. Possibly caused by layoffs, Indiana jobless claims were reported at a whopping 4,122 for the week, up from 3,996 the previous week. This appears to be a part of a nationwide […]

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