At the last session of the BBA’s Financial Literacy Program, the Summer Jobs students received firsthand lessons about the consequences of poor financial decision-making directly from the source — the U.S. Bankruptcy Court. With the help of Judge Joan Feeney and a number of volunteer bankruptcy attorneys, the students witnessed a mock Meeting of Creditors and mock Chapter 13 hearing. The session finished with a brief presentation by Beatriz Mejia, a BBF-funded students who interned at the U.S. Bankruptcy Court this summer. She outlined the different chapters of bankruptcy and reiterated the importance of saving and planning your finances for college, especially because students loans are nondischargeable in bankruptcy.
Here’s a look at the morning: