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Month: December 2018

How to Discharge Student Loans in Bankruptcy

How to Discharge Student Loans in Bankruptcy

If you take out student loans every semester, then the amount can accumulate fast. You do not have to pay for student loans until after college. It is important to only take out what you need. After college, you can start to feel the burden of paying students loans when you have other expenses. Read on to find out how to discharge student loans in bankruptcy.

Hire an Experienced Lawyer

If a lawyer tells you that student loans cannot be discharged in bankruptcy, then he or she is not experienced in this area. It is true that discharging student loans are not as straightforward as filing a regular Chapter 7 bankruptcy. However, you have to show undue hardship on you and your dependents. It is a good idea to consult with a bankruptcy lawyer in Pittsburgh to learn about the pros and cons.

Pass the Brunner Test

The courts use … Read more

What is a Franchise?

What is a Franchise?

A franchise can be a good opportunity for people who want to own a business without the need to build a brand. Choosing to open a franchise requires a start-up cost to be paid. After the business gets started, the franchisee or the person buying the franchise pays a fee monthly to the franchisor or the owner of the company. This fee is generally a percentage of the monthly sales.

Benefits of Owning a Franchise

An agreement is part of the process of buying a franchise. The franchisee must provide the same products or services. For example, buying a franchise that sells food requires that the same menu that the business is already known for must be sold. If the business sells tacos, the franchisee must sell tacos. They also must use the same advertisements. This is a beneficial agreement because the business is already established and known for selling … Read more

Tips for Flipping Your First Home

Tips for Flipping Your First Home

Television shows about flipping homes are becoming more and more popular. They show individuals purchasing a home for an extremely cheap price, doing a few repairs on it, and then selling the home for a high price. The truth is that there is a lot of money to be made with this type of work. However, it definitely has its pitfalls. Here are a few tips for flipping your first home.

In some cases, all that an individual will need to do is purchase a fixer-upper property and then begin doing the work. However, there are a lot of benefits that come from at least consulting with a real estate attorney jacksonville beach fl before purchasing a property. This is especially true if the property is a foreclosure or is not being sold directly from the owner. Many attorneys offer free consultations. This allow you to ask a few questions … Read more