Who Can Apply: The Kenneth P. Carp college scholarship is open to individuals who are planning to attend or currently enrolled in an accredited United States college or university.
Submission: In order to participate, applicants must submit a 500-word essay answering the following question:
When a homeowner is incapable of making the required mortgage payments, he or she can face the risk of a foreclosure. A foreclosure grants the lender permission to seize the property, evict the homeowner, and sell the home. Chapter 13 bankruptcy is one option a homeowner can take in order to avoid foreclosure proceedings. Based on your research, what does a Chapter 13 bankruptcy entail and what are the advantages and disadvantages the homeowner may face?
Deadline: December 31, 2017
Learn More: http://www.kcarplaw.com/scholarship/