I just wrapped up an interview for badcredit.org for a story that they will run sometime in Nov or early December about the new rules allowing someone to discharge student loans in bankruptcy. I’ll post links here when that story is ready. Bottom line is that there is a growing…
Re: Youssef v. Navient Solutions LLC, et al., Adv. Pro. No. 17-1085, in the U.S. Bankruptcy Court for the Eastern District of New York. CLAIM SITE: NavientStudentLoanSettlement.com Borrowers are eligible for free money under $16 million student debt settlement – but you need to file a valid Claim Form by November 20,…
Consolidation before December 31, 2023 will help some borrowers maximize benefits under the Account Adjustment. After the account adjustment, the qualifying PSLF payments made on loans later consolidated will be credited to the consolidation loan based on a weighted average of the qualifying payments on the underlying loans. This will…
Have student loans that are entering repayment? On hold with your servicer? For hours? Not quite sure what’s going on? Your servicer is your debt collector — are you certain that whatever they are going to tell you, assuming you get through, is your best option to reduce or eliminate…
Lots of misinformation out there regarding student loans. If you are receiving a bill, it’s important to speak with an expert or advocate who is on your side — discuss your options, make a plan. You might save many thousands of dollars by doing this! There are some important deadlines…
I ran across this statistic and wanted to share with you about the DOJ attestation process to discharge federal student loans. A great many are still pending. From 12/5/2022 through 7/15/2023 nationwide: 409 new complaints 205 new attestations (I don’t know what exactly this means) 70 Rec. Guidelines Met 32…
Say you have a private student loan and you have previously filed a bankruptcy. Was your private student loan discharged? I’m presuming you did not file an adversary case to obtain a specific ruling as to dischargeability of these loans. What is Homaidan? Loans that could have been discharged as…
We also would want to take advantage of any other programs out there such as the IDR recount going on right now. Normally, we walk borrowers through the process for that during our strategy session and get it done then. The IDR recount is huge – it’s allowing forgiveness for people…
For people granted TPD, who are also eligible for IDR AUDIT Forgiveness, Dept. is moving TPD people from TPD forgiveness to IDR Audit forgiveness. While there is no 3 year income monitoring on TPD anymore, there still is a three year monitoring on TPD for things such as returning to…
The Supreme Court decision of United Student Aid Funds v. Espinosa (2010) 559 U.S. 260 is usually cited for the proposition that a court may not make an order on whether student debt is discharged without an adversary proceeding. In USAF v. Espinosa, the issue was whether confirmation of a chapter 13…