Student loan debt is a crisis in the US. But there are options available for borrows.
Our Student Loan Debt Attorneys can help you figure out the best course of action to get ahead of your loans, pay back less or possibly discharge the loan all together.
Learn how to schedule for your Student Loan Assessment today.
Student Loan Debt Forgiveness Round … -- What now. As I posted in January, Student Loan Debt Relief has been a hot topic for some time now. You can’t scroll through a news feed without seeing a new story – a promise of hope. A dashed chance for forgiveness. Legal fights, forgiveness blocked, new proposals, [...]
Scams Fraud The duped consumer. As of 2022 the Federal Trade Commission reported 2.4 MILLION fraud reports and losses of more than $8.8 billion. You Know Me! The number one scam category: imposter scams. These types of scams involve criminals pretending to be a trusted organization such as a bank, the police or a government [...]
Student Loans Debt Relief Forgiveness It’s been a hot topic for some time now. You can’t scroll through a news feed without seeing a new story – a promise of hope. A dashed chance for relief. 10 hours ago: Student loan forgiveness blocked: Case against debt relief keeps weakening: experts Recent legal briefs highlighted how [...]
Bankruptcy Considered -- Why do people file bankruptcy? Top 5 Reasons Revealed: In several studies over the years as to why people file bankruptcy, five major reasons tend to be named repeatedly: Loss of Income This is not surprising. When paychecks stop, financial troubles start. In addition, it can mean a loss of health insurance, [...]
Student Loan Debt Relief: Feelings vs Facts It’s been one week since Biden announced his Student Loan Debt Plan. What have you been hearing? “I’ll take it, but is it going to affect my life that much? Not in the long run…” ~Amanda Connelly (currently has $85,000 in loans and is getting ready to take [...]
ICYMI: Bankruptcy Filings Take Sharp Drop On August 1, 2022 the US Courts published the following information regarding bankruptcy filings: Personal and business bankruptcy filings took a sharp drop in the twelve-month period ending June 30, 2022, falling 17.7 percent compared with the previous year. According to statistics released by the Administrative Office of the [...]
Bankruptcy - A Chapter 7? A Chapter 13? A Chapter 20? As a consumer, what Chapter of Bankruptcy is right for you? Options are available. Chapter 7 Bankruptcy: A Chapter 7 Bankruptcy involves the collection and liquidation of non-exempt assets. The proceeds of the non-exempt assets are distributed to your unsecured creditors. A Trustee will [...]
BANKRUPTCY : CHAPTER 13 DEBT ELIGIBILITY LIMITS 2022 Increases In Filing And Exemption Limits For Bankruptcy Cases - The debt limitations are adjusted every 3 years. The Judicial Conference of the United States gave notice of the changes going into effect for cases filed after March 31, 2022: Chapter 13: Debtors have the option of [...]
BREAKING: Bill Introduction Follows Senate Judiciary Committee Hearing On Student Loan Bankruptcy Reform Yesterday the Senate Judiciary Committee announced the introduction of the FRESH START Through Bankruptcy Act of 2021, a bipartisan bill that would restore the ability for struggling borrowers to seek a bankruptcy discharge for federal student loans after a waiting period of [...]
Will you get rid of all of your debts when you file for bankruptcy? It depends. What kind of debts do you have going in to the case? What type of case are you filing? What do you mean by 'get rid of' debts? The U.S. Trustee Program provides a Bankruptcy Information Sheet which gives [...]
