“It is now time”, states Judge Klein who is charting a path for discharging student loans without being reversed. For years, bankruptcy judges were wary of ruling in favor of debtors who asked for a discharge of federal student loan debt. In part, because those Judges knew their rulings would…
What is the IDR Waiver? The Short Version: if you have an older FFEL loan, even a prior FFEL Consolidation Loan, make sure to consolidate this to a newer Direct Loan asap if you want all of the relief this program allows (contact us if you have any doubts or…
Did you realize that we have free videos on what to do about your student loan on our YouTube Channel “Student Loan Sidebar”? Here’s a post from a few hours ago from one of our followers: YouTube videos on student loan forgiveness have just been absolutely amazing. They break it…
New IDR Terms Announced! Sorry for the delay in getting this out, Covid has put me behind a week or so. The new IDR Plan expected out in July before the payment pause ends will not exactly be a new plan. Instead of confusing borrowers and making yet another IDR…
If you have significant debt but have been told that you cannot file a Chapter 13 consumer bankruptcy, now you can file bankruptcy and not risk dismissal by the U.S. Trustees office. This change occurred because the Bankruptcy Threshold Adjustment and Technical Corrections Act was signed into law yesterday. Prior…
A mortgage servicer called a “furnisher” for purposes of credit reporting is responsible for updates to a borrower’s credit report. Many times following a foreclosure, there is a limited time for the lender to seek a deficiency judgment. Here is Florida it is one year. If a year goes by,…
Life Isn’t Meant to be Lived Paycheck to Paycheck I know there’s been lots of press about the 8.5% inflation rate that was announced this week. I also know that many people don’t believe that number. Why not? Well, the U.S. Bureau of Labor Statistics has been consistently modifying their…
We started a video series this fall with attorney Melissa Solevilla at Carey, Leisure & Neal, about issues facing our grown children, and how to help them get a good start in their lives. I’m thinking about his now, when I have consult coming up with a former NFL athlete…
While everyone was talking about CyberPunks and NFTs on Twitter this weekend, as well as the impact of various amendments to the infrastructure bill and how they may affect cryptocurrencies and development in blockchain tech, there was significant movement on the student loan front. Late Friday afternoon, the Biden administration…
More people than we think are involved in the crypto world. It is a way for our younger generation who understands the tech behind blockchain to perhaps improve their way of life. It’s a way for our industries to be more transparent, competitive and efficient. Unfortunately, the infrastructure bill is…