Fannie Mae introduced new programs on April 25, 2017 allowing student loan borrowers to refinance their student loans into their home mortgage. Fannie Mae explained that this would open home ownership to more candidates and reduce interest rates from what is often 6-8% to a more manageable 4% under present…
My friend Shawn Yesner interviewed me on his Crushing Debt Podcast that is now available Live: THE CRUSHING DEBT PODCAST IS NOW LIVE. SUBSCRIBE USING THE LINK BELOW: iTunes . Stitcher . Google Shawn M. Yesner, Esq. Yesner Law Podcast – Episode 50 Questions like this are asked and answered: Are you…
In my continued quest to help get the word out about things that can be done NOW to help relieve student loan debt, I was offered the opportunity to speak to about 100 bankruptcy attorneys on a panel about FDCPA violations. We are constantly on the lookout for consumer collection…
Do you have Navient as your student loan servicer? Are you happy with them, do they do a good job? Most of our clients despise Navient, and much of what Navient does may actually be illegal. The CFPB filed a lawsuit against them yesterday alleging consumer law violations under the…
The CFPB announced in mid 2016 that it was looking more closely at student loan servicers (companies that collect payments from borrowers) and their role in the increased student loan defaults. It has announced this as one of their priorities for 2017. Last fall, the CFPB issued a joint statement…
The Consumer Financial Protection Bureau just released a snapshot this week on the excess financial problems that student loan debt is causing our older population. The CFPB reports that in 2015, nearly 40% of federal student loan borrowers age 60 and older were in default. I’d venture to say that…
DeVry University just agreed last week to a $100 million settlement as reported by the FTC. We are seeing more of our Florida student loan clients start to question their education at DeVry and starting to understand why they haven’t been able to find employment that they were led to…
We are about to file a case in the Orlando Division this week based upon the recent discharge of private student loan debt for a non-accredited school that was not listed on the Federal Codes List. We are relying upon a decision last Spring In re Decena, 549 B.R. 11…
Great news! – Please read all the way to the bottom — there is now a strong probability of discharging federal loans for ITT’s former students, going back up to 12 years – provided you can show you learned of the fraud within the past 4 yrs under Florida’s discovery…
Recently I’ve been researching the student loan system and how things work in non-U.S. based medical schools. Unbelievably there are three dozen island medical schools. That’s a crazy high number, just how many islands are there in the Caribbean anyway? Federal student loan aid is generally not available for these…