Whoo hoo, just in time to save one of our Chapter 13s with crazy high student loan balances and an ED POC that was gonna torpedo us. Now we are going to be able to file our adversary to hopefully drastically reduce the private student debt and make our client’s…
Reboot Your Life: Tampa Student Loan and Bankruptcy Attorney Blog
Alexander L. Paskay Bankruptcy Seminar is a GO!
After being cancelled for last couple years, the Alexander L. Paskay Bankruptcy Seminar is a GO for March 19-21, 2022 at the Tampa Marriott Water Street in Tampa. I am honored to have been asked to present on a panel regarding student loan strategies, tax issues and dealing with the…
What you Need to Know about the Navient/Attorney General settlement
$1.8 Billion Navient Settlement — Are You Included? We’re starting 2022 off with good news. There is a $1.8 billion student loan settlement between Navient (a loan servicer) and 39 different state attorney generals. In the settlement, Navient agreed to “refrain from informing private loan borrowers that their loans…
FFEL Loans = Second Class Federal Loans
Many folks are receiving payment notices for federal loans even before February when the Great Restart is anticipated. Why is this? A few months ago, Congress finally addressed the older Federal Family Education Loans (FFEL or FFELP loans), and in the expansion to the CARES Act, ensured that all defaulted…
Public Service Loan Forgiveness — What is the PSLF Waiver and What Does it Fix?!
Here’s a link to the video. Please subscribe so we can continue to offer this information free to everyone! Thank you! We are happy to share our thoughts on the new Public Service Loan Forgiveness Waiver announced last month. It truly will fix most all of the problems…
Make Sure You Don’t Ask Your Auto Insurer for the Lowest Possible Payment!
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…
Central Florida College – Polk State College – Unilaterally Cancels $1.2 Million in Student Loan Debt
Well this was a surprise! Polk State College was in the news today after having given a student loan write off press release. Students enrolled at this college between March 1, 2020 and June 30, 2021 are eligible for debt cancellation. This is separate from all the federal programs that…
What Geographic Areas do We Cover?
We’ve been getting more questions lately from folks who have taken out U.S. loans (both federal and private) but now may live or work overseas. Saudia Arabia today, someone from Turkey last week. We can certainly advise these borrowers what action they can take under the new Public Service rules,…
Free lateral file cabinets to a good home :)
In our quest to update our law office to provide South Tampa Workspaces to other attorneys, we have approximately 12 file cabinets to donate or find a good home for – most are the really nice lateral ones. All shapes, sizes and number of drawers. Any takers? If so, call…
Deadline of January 31, 2022 to file PSLF applications to avoid an extra year of payments under an IDR!
There’s a lesser discussed requirement for TEPSLF: If the borrower is not in an IDR plan at the time they apply for TEPSLF, the previous 12 months of payments and the last payment made have to be at least as much as they would have paid in an IDR plan. …