bankruptcy

$500k in Student Loan Debt

July 23, 2010

While I know that some people pursuing a career in medicine or law can have a few hundred thousand in student loan debt, I was surprised to receive this article about one doctor with $500k in student loan debt. Some people consider student loans to be “good debt” – a low fixed interest rate, a [...]

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Three American Communities May Default on their Debt

June 1, 2010

Consumers aren’t the only ones being affected by high debt loads, some communities are also left scrambling to find a way to pay their debt. An article appeared last week on CNNMOney.com that discusses three American communities that may default on their debt – Detroit, MI, Jefferson County, AL and Harrisburg, PA. Detroit, Michigan With [...]

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