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Sunday, October 26, 2025

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Chapter 13 Bankruptcy and Driver’s License Reinstatement
Car Accident Debt and Your Driver’s License: Can Bankruptcy Get You Back on the Road?
The 2% Gamble: Why Chapter 13 Bankruptcy is Not a DIY Project
Bankruptcy Filings Surge in 2025: What the Numbers Reveal About Economic Stress
Chapter 7 Bankruptcy: When to Surrender Your Car

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Severely damaged black car after a front-end collision on a wet highway. The image illustrates the financial and legal consequences that can lead to Chapter 13 license reinstatement.

Chapter 13 Bankruptcy and Driver’s License Reinstatement

Alexander Hernandez 5 min read

A close-up view of a severe collision between two cars, illustrating the financial damage and liability from a car accident that often requires driver's license reinstatement after bankruptcy.

Car Accident Debt and Your Driver’s License: Can Bankruptcy Get You Back on the Road?

Alexander Hernandez 5 min read

A gavel rests on a bankruptcy petition form, including the check-box for Chapter 13 bankruptcy, symbolizing the judicial complexity of filing bankruptcy without a lawyer.

The 2% Gamble: Why Chapter 13 Bankruptcy is Not a DIY Project

Alexander Hernandez 7 min read

Red blocks spelling DEBT with gold coin stacks increasing underneath a sharp red upward arrow, signifying rising financial obligation and debt surge leading to an increase in bankruptcy filings.

Bankruptcy Filings Surge in 2025: What the Numbers Reveal About Economic Stress

Alexander Hernandez 2 min read

Tow truck (Repo Man) repossessing a car, symbolizing Chapter 7 car surrender and auto loan deficiency when it applies to filing for bankruptcy.

Chapter 7 Bankruptcy: When to Surrender Your Car

Alexander Hernandez 5 min read

Professor's Guide to Bankruptcy Schedule G Executory Contracts and Leases Form

Professor: What to List on Bankruptcy Schedule G.

Alexander Hernandez 4 min read

image of a judge's gavel striking a split house model to visualize the need for Chapter 13 bankruptcy versus chapter 7 to protect a second home and non-exempt equity issues.

The Two-Home Trap: Why Chapter 7 Isn’t an Option When You Want to Keep Both Houses

Alexander Hernandez 5 min read

Legal image of a gavel on money, representing the automatic stay protection against wage garnishment after filing for bankruptcy.

Wages Garnished After Filing Bankruptcy? It’s an Illegal Automatic Stay Violation. Here’s Your 3-Step Legal Fix.

Alexander Hernandez 5 min read

A close-up of legal reference books on bankruptcy law. These texts likely include discussions of wage priority under 11 U.S.C. § 507(a)(4), which grants employees up to $15,150 in priority claims for unpaid wages earned within 180 days before a bankruptcy filing. The image is branded with Bankruptcy.blog, suggesting an educational or archival context.

11 U.S.C. §507 Priority Claims: The Professor’s Guide to Current Caps & Order

Alexander Hernandez 6 min read

Bankruptcy petition guide cover featuring a Schedule E/F document, calculator, eyeglasses, and pen on a desk; promotional banner reads 'How to Complete the Bankruptcy Petition – A Step-by-Step Guide' from Bankruptcy.blog, offering resources on Chapter 7 and Chapter 13 filings, creditor schedules, and debt discharge procedures

Bankruptcy Schedule E/F Explained: Listing Unsecured Debt

Alexander Hernandez 4 min read

Official Form 106D – Schedule D: Creditors with Secured Claims in Bankruptcy Petition. Includes secured debts, lien types, collateral valuation, and creditor notification fields. Used in Chapter 7 and Chapter 13 filings. Essential documentation for bankruptcy.blog resource hub on consumer bankruptcy law and secured creditor treatment.

Understanding Schedule D for Secured Creditor Claims

Alexander Hernandez 7 min read

Official Form 106C – Schedule C: The Property You Claim as Exempt, used in bankruptcy filings to list property protected under exemptions. Includes instructions for selecting federal or state nonbankruptcy exemptions. Relevant keywords: schedule c exemptions, bankruptcy.blog, property exemptions, bankruptcy petition, homestead exemption.

Navigating Schedule C Exemptions in Bankruptcy

Alexander Hernandez 5 min read

Bankruptcy schedule A/B form used in filing for bankruptcy, featured on Bankruptcy.blog. Shows asset disclosure fields for property, income, and ownership details required in Chapter 7 and Chapter 13 cases.

Essential Tips for Listing Assets on Bankruptcy Schedule 106A/B

Alexander Hernandez 6 min read

A screenshot of Official Form 106 Summary of Schedules, a U.S. bankruptcy form used to summarize a debtor’s assets, liabilities, and statistical information. The image includes instructions for completing the form, including references to Schedule A/B lines. Featured on Bankruptcy.blog as part of its educational archive on bankruptcy forms and filing procedures. Want a shorter version for social media tags or alt text best practices? I can tailor it.

Official Bankruptcy Form 106: Summary of Assets

Alexander Hernandez 6 min read

Your WalletView All

Spirit Airlines 401k savings: Hand depositing coin into piggy bank with "401K" on chalkboard.

What to Do About Your 401(k) After Spirit Airlines’ Bankruptcy

Alexander Hernandez 4 min read

Spirit Airlines’ bankruptcy affects your retirement savings; confirm your 401(k) match status immediately.

Notebook showing 'Employee Rights' and a gavel sketch, illustrating legal information for furlough protection as seen on bankruptcy.blog.

Furlough Protection for Spirit Airlines Workers: Essential Steps

Alexander Hernandez 6 min read

Orange office chair against a white brick wall with bold red text reading “We’re hiring! Join our team.” Prominently features the URL Bankruptcy.blog, signaling job opportunities in the legal and financial education space. Ideal for posts about job hunting, AI in hiring, career opportunities, bankruptcy law, and economic commentary. Visual evokes modern workplace aesthetics and invites viewers to explore roles related to content creation, legal education, and digital strategy.

Navigating Job Hunting in the Age of AI

Alexander Hernandez 4 min read

Person joyfully hugging a computer monitor in a modern office, symbolizing “job hugging” amid economic uncertainty; background includes coworkers, tech gear, and a bicycle near the window. Image branded with Bankruptcy.blog, capturing themes of digital resilience, liberal fodder critiques, and workplace survival in a volatile economy.

Liberal Fodder and Job Hugging

Alexander Hernandez 6 min read

Road sign warning: "ECONOMIC UNCERTAINTY AHEAD" with lightning, symbolizing weekly bankruptcy news and financial storm.

PCH, Damon Dash, & Florida Foreclosures: Weathering the Next Financial Storm

Alexander Hernandez 5 min read

BankruptcyView All

The Georgia state flag waves in the wind, representing Georgia bankruptcy exemptions, Georgia bankruptcy trustees, and Georgia bankruptcy court. This image is featured in a blog post on Georgia bankruptcy exemptions at bankruptcy.blog.

Understanding the Georgia Bankruptcy Exemptions

Alexander Hernandez 8 min read

Georgia has specific bankruptcy exemptions, emphasizing residency rules and minimal homestead protection.

Legal ruling illustration representing a case dismissed with prejudice, initiating the prejudice period and barring the debtor from refiling in a Chapter 7 and Chapter 13 bankruptcy.

Dismissed with Prejudice and the Prejudice Period

Alexander Hernandez 5 min read

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YouTube- Understanding Bankruptcy Attorney Fees and Payment Plans

Alexander Hernandez 2 min read

Car model on stacked coins as growth chart graph on wooden table with blue background, emphasizing car loans and related financial issues such as Chapter 7 bankruptcy and Chapter 13 bankruptcy. The text “Bankruptcy.blog” is written across the bottom.

Managing Car Loans During Bankruptcy: Key Tips

Alexander Hernandez 7 min read

A silver car with significant front-end damage is being towed away at night in an urban setting. The aftermath of the accident highlights potential legal and financial implications, such as a car accident lawsuit, the need for a car accident lawyer, and the risk of bankruptcy stemming from associated costs. The url ‘Bankruptcy.blog is visible across the bottom.

Understanding Bankruptcy and Car Accident Lawsuits

Alexander Hernandez 4 min read

Debts & Dollars

Wooden blocks spelling ‘REVERSE MORTGAGE’ with wooden house cutouts behind them, and ‘Bankruptcy.blog’ text above, on a white background emphasizing issues with chapter 7 bankruptcy and home equity.

Understanding Reverse Mortgages and Its Impact on Bankruptcy

Scenic view of a Hawaiian beach in the district of Hawaii, featuring a Hawaiian flag in the foreground. This image is used on Bankruptcy.blog to represent topics related to Hawaii bankruptcy trustees and Hawaii bankruptcy exemptions.

Understanding the Hawaii Bankruptcy Exemptions

A pair of headphones and a microphone against a red background with the text ‘Child Support, Alimony & Bankruptcy’ and ‘Bankruptcy.Blog’. This image represents a discussion on domestic support obligations, including child support and alimony, in the context of Chapter 7 and Chapter 13 bankruptcy

Understanding Domestic Support Obligations in Bankruptcy

A house with a 'SOLD' sign in front of it, representing an outcome related to mortgage foreclosure, Chapter 7 bankruptcy, and Chapter 13 bankruptcy. The image highlights the financial challenges homeowners face, including the potential sale of their property. The text 'Bankruptcy.blog' is visible in the bottom left corner.

Strategic Foreclosure Delay: Using Bankruptcy to Secure a Successful Home Sale

Today's blog focuses on student loans and how things will likely change under President Trump. We can forget about student loan forgiveness. The SAVE plan (Saving on a Valuable Education), which reduces some payments to $0.00, can be kissed goodbye. I've written blog posts on the Republican states that opposed the SAVE plan and how insane I thought that was because it affects their constituents. You can read that article below. LINK If the federal government wants to cut a check to wipe out student loans, that puts an extra $100,000 in my pocket, which I can spend in my state, that is a benefit to the state. But instead of this being a financial argument, it’s become a political issue. But I’m already seeing a shift where it will likely get worse before it gets better. Now, I have to call out what has just happened. Republican Virginia Fox from North Carolina just filed the College Cost Reduction Act. The goal is to increase the amount you pay in student loans. One administration is trying to reduce it, and another is trying to increase it. It doesn't make sense, but it is what it is. The problem is, if the cost of tuition doesn't go down, none of this works. The theory is that if universities pick up the costs of student loans that are not collected, somehow, that will drive education costs down. No, it won’t! To make up for the losses, what will universities do? Increase tuition! They also want to cap how much you can borrow at $50,000 for undergraduates and $100,000 for graduates. This creates a problem because you can't go to law school, medical school, or dental school for less than $100,000. The average cost for dental school is over $300,000. While, in theory, they're trying to pass the buck to the colleges by making them responsible if these loans are uncollected to drive the cost down, it's going to be hard, if not impossible. What has gone down in price? Is it cheaper to buy a car now than it was 10 years ago? What about a home? No. What about college? We know the answer to that one, too. So, the problem is that Republicans are already making moves to increase the amount that has to be paid back in student loans. My suggestion to you, and I’ll post that video link below, is if Trump's tariff comes in at 25%, you'll pay 25% more. President Trump is saying that others will pay for it, similar to how he claimed Mexico would pay for the wall. But we've seen this before. In 2016, tariffs on Mexico and China affected us because the government had to issue a large $15 billion aid package to farmers who were going bankrupt. Part of debt management means being prepared for everything as best as possible. If student loans might increase next year and there's a new tax and higher expenses because of the Trump tariff, you'll be hit from both sides. Think carefully about any debt you're about to take on with the next administration if your expenses are likely to increase because of student loans and the Trump tariff. The Trump tariff has been estimated to cost around $3,500 to $4,000 out of pocket per year, which is about $300 a month. If student loans add another $300 a month, that's $600. Where is that $600 a month coming from? If you make $600 more at work, that's great. If not, you'll have to figure out how to cut $600 from your budget to break even, which means you will likely end up in more debt. So keep that in mind for any big purchases moving forward. If you have any questions, whether you agree or disagree with me, post them in the comments section of the accompanying YouTube video. I'll be more than happy to comment. Feel free to like and subscribe. Take care, everyone. Contact Information for Rep. Virginia Foxx: Washington, DC Office 2462 Rayburn House Office Building Washington, DC 20515 Phone: (202) 225-2071 Fax: (202) 225-2995 Hours: Monday - Friday, 9am - 5 pm Boone District Office 400 Shadowline Dr, Suite 205 Boone, NC 28607 Phone: (828) 265-0240 Fax: (336) 778-2290 Hours: Monday - Friday, 9am - 5 pm Clemmons District Office 3540 Clemmons Rd, Suite 125 Clemmons, NC 27012 Phone: (336) 778-0211 Fax: (336) 778-2290 Hours: Monday - Friday, 9am - 5 pm Her Twitter account handle is @virginiafoxx. A group of people are holding protest signs addressing various economic issues, such as 'Tackle the cost of living crisis,' 'Stop inflation,' and 'People before profit.' This image is relevant to discussions about economic policies, including the Trump tariffs and student loan forgiveness. The website ‘bankruptcy.blog’ is written across the bottom.

What to Expect with the Trump Tariffs and Student Loans Forgiveness

Latest Posts

Chapter 13 Bankruptcy and Driver’s License Reinstatement
Car Accident Debt and Your Driver’s License: Can Bankruptcy Get You Back on the Road?
The 2% Gamble: Why Chapter 13 Bankruptcy is Not a DIY Project
Bankruptcy Filings Surge in 2025: What the Numbers Reveal About Economic Stress
Chapter 7 Bankruptcy: When to Surrender Your Car
Professor: What to List on Bankruptcy Schedule G.
The Two-Home Trap: Why Chapter 7 Isn’t an Option When You Want to Keep Both Houses
Wages Garnished After Filing Bankruptcy? It’s an Illegal Automatic Stay Violation. Here’s Your 3-Step Legal Fix.
What to Do About Your 401(k) After Spirit Airlines’ Bankruptcy
11 U.S.C. §507 Priority Claims: The Professor’s Guide to Current Caps & Order

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