Student Loan Forgiveness
The average student loan debt is now over $37,000 per student in the U.S. This means that many new graduates are starting out their professional lives with hefty monthly payments to make on this debt. Fortunately, there are programs that offer student loan...Business Bankruptcy FAQ
It’s an unfortunate fact that a large majority of small businesses do not survive for more than a year after they are start. Many businesses start with big dreams but very little planning, and the business owners do not understand the market for their products...Who Qualifies For Debt Relief?
During current times, America is a nation whose citizens are riddled with debt. It has been estimated that the average American household has about $137,000 in debt, which includes credit card debt, student loans, mortgages and car loans. This amount varies from state...What Are Advantages of Filing For Bankruptcy?
Although the word “bankruptcy” generally has a negative connotation, there are some advantages to filing for bankruptcy when the situation calls for it. When someone has more debt than he or she is able to manage, filing for bankruptcy can be a proactive...Key Factors When Considering Bankruptcy
The decision to file for bankruptcy is a serious one. But when you are constantly hiding from the phone due to calls from creditors, you know that something has to be done. To make the right choice, it’s important to consider a few key factors. Do you have any...Credit and Debt Consolidation Programs
During the current tough economic times, it’s not difficult to build up a lot of debt in many different forms. The use of credit cards with high interest rates, expensive mortgages, and auto or student loans can all mean high monthly payments that soon spiral...Chapter 13 Bankruptcy
During today’s tough economic times, people often find themselves drowning in debt or using their charge cards just for basic needs. It’s easy for the balances to pile up, and yet credit card companies still keep sending new offers in the mail. After...Chapter 7 Bankruptcy
If you’re so overwhelmed with debt that you believe there’s no hope of repaying all that you owe, you need to consider a financial option that will work for you. Chapter 7 bankruptcy allows you to liquidate your assets and start over again with a clean...Federal Student Loan Forbearance
Forbearance is a temporary fix for one’s student loan troubles. It is used to keep the loan out of default. A deferment is another option that occurs when the lender temporarily allows the borrower to stop making payments for a period of time. With subsidized loans,...Contact Us
Hoverson Law Offices, PA
We Have Over 35 Years Solving Financial Problems. Our practice areas include bankruptcy, consumer protection, debt consolidation, defending against creditor lawsuits, litigation, and STUDENT LOAN DEBT RELIEF.