Single Mother Scholarships Research Paper

When you file bankruptcy, whether it be a Chapter 7 or Chapter 13 filing, the bankruptcy trustee plays a big role in the process. Once you and your bankruptcy attorney have filed a successful bankruptcy petition, the bankruptcy court assigns a bankruptcy trustee who will be charged with executing your estate. In a chapter 7 bankruptcy the trustee will sell your non-exempt property and use the proceeds to pay back your creditors. In a Chapter 13 bankruptcy case, you make one monthly payment to the trustee who then devise it up to your creditors according to the payment plan that the court approves. Anyone filing bankruptcy must be completely honest and forthcoming about their accounts, assets, money, and property. You cannot hide or get rid of money or property before or during a bankruptcy without getting it approved by the trustee and courts. A bankruptcy attorney will be able to explain this to you in greater detail and offer you advise on property that you do want to get rid of.

In today’s society it is not unusual to have a one-parent family with a young mother in charge. Teen mothers having children has increased so much over the years that it’s now a common occurance. Being a young single mother in today’s society is challenging but with the help of government assistance single mothers are finding their way.

Everyone struggles financially at one time or another. Sometimes it’s very simple to get back on your feet and other times you might need to turn to a legal professional to help you figure out a solution. If you are in a difficult financial situation and need to declare bankruptcy, William J Sedor, Esq. of Rochester is ready to help. This personal bankruptcy attorney is no stranger to bankruptcy cases and can provide you with all the information you need to fully understand how declaring Chapter 7 bankruptcy works.

My mother received a high school diploma and was not able to attend college due to the fact that my grandparents needed help financially. She had to take on various responsibilities at a young age and could not afford a college education. My mother then decided to go back to school years after she gave birth to me and enrolled in a medical program where she would later become a Certified Nursing Assistant. My mother’s strong motivation and determination enabled her to make something of herself. Her perseverance motivated me to aim high for my goals and succeed. Although she had obtained a job, she still does not have the financial means to send me to college. Therefore, receiving a scholarship or any type of grant whether it is twenty dollars

You can, however, contact the attorney or court appointed trustee to work out an arrangement on how your debt is handled in the bankruptcy Brown, 2013).

Not everyone qualifies for Chapter 7 bankruptcy. Therefore, filing for this type of protection is only a good option for you if you meet the eligibility requirements. Among other qualifications, your income must be under the state median in order to file Chapter 7 bankruptcy, according to the United States Courts. If your income is over the median, you may still qualify if you are able

My mother became a mother very early and unexpectedly in life, with that being said she still graduated high school, went to college, got a job, and has always put me first before anything else, and for that I am blessed. I’ve always lived in one parent, single-mother household, and therefore, financial aid would be substantially helpful in getting me into college. My college tuition would impact my family's budget in a great way. My mother works as a corporate recruiter and makes 69,000 a year, she will be providing as much as she can for me, but she will still need enough to be able to have enough to make a living for herself. That is why we have applied for financial aid, and local and non local scholarships to help with as much as possible.

A person will have to also undertake credit counseling using a particular organization approved from the United States Trustee.

If the former resident files for protection under the bankruptcy laws; either with a Chapter 7 or Chapter 13 filing, the garnishment process stops. Often times, these debtors already have other bad credit, other creditors pursuing them, and possibly other garnishments already in place. Besides the possibility of quitting their job, filing for bankruptcy relief puts an immediate hold on our action, resulting in the waste of the spending of the filing fees. For this reason, we are extremely selective as to which former residents we recommend this action

Federal/State government financial aid is the main help for single mom to afford college education, the Pell Grant is the grant open to all students that meet a certain income requirements established by the federal government. The amount of financial aid for each single mom is different based on the need and having dependents (What Types of Tuition Assistance Are Available for Single Parents?, n.d.). Single mom is usually qualifying for a larger amount of grants than a traditional college student without children. The Pell Grant will provide through completing the Free Application for Federal Student Aid (FAFSA). In addition, single mom living in Arkansas, Florida, Iowa, Illinois, Kansas, Minnesota, and Wisconsin can receive special help to

The Bankruptcy Trustee will often accept whatever information you provide based on your word. Once the bankruptcy or consumer proposal has been filed, the trustee will then engage in a rigorous and determined process to validate your disclosures. If the trustee finds additional income or assets, he or she will adjust the amount of money that you have to pay. In the case of a bankruptcy, what begins as a predetermined length of repayment may snowball into a seemingly endless repayment. You will not be able to get discharged until you have paid the Bankruptcy Trustee all of the money that the trustee believes you owe.

As a southern California bankruptcy attorney, I receive a lot of questions. Most are from people who want to file bankruptcy, just filed bankruptcy or filed years ago and are now wondering how it could affect their current situation. What we don't usually get are questions from creditors regarding how to respond to a bankruptcy filing. That makes today’s question particularly interesting because it’s from a creditor and it involves some very specific circumstances.

Single parents feel limited by the absence of resources needed to sustain their children 's needs, but they view a higher education as vital to secure

There are some people who may have had to declare bankruptcy for some reason and might even have to do so again. Declaring bankruptcy is not something which people to occur but sometimes, certain circumstances lead to bankruptcy. However this is scenario which can be dealt with by having an appropriate lawyer who knows what needs to be done and has prior experience in dealing with bankruptcy cases.

Over the years, the process of declaring bankruptcy has become incredibly simple. Because of this change, the number of people declaring bankruptcy is at an all time high. Today, bankruptcy is a common thing among companies and individuals alike. The American bankruptcy law allows people to avoid paying their debts by offering the debtors a discharge without a harsh consequence. By not having repercussions for their actions, bankruptcy filers often plan future bankruptcies, allowing them to steal even more money from creditors with no punishment. There are 13 different chapters in the bankruptcy system with the principal chapters being 7,11, and 13. You can only file for bankruptcy under these three chapters, the others are there to