The bankruptcy laws do not require married couples to file bankruptcy together. This is one of those things that people do because they just assume they have no choice, and you can bet that one, two, or five knowledgeable people (none of them bankruptcy lawyers) told them they absolutely had…
Personal Property Bankruptcy is a way for you to actually keep most of your personal assets and say goodbye to the creditors and debt collectors. The truth is that debt collectors cannot touch MANY of your assets when you declare bankruptcy, most are protected. The magic of this protection…
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…
Last week we were invited to speak to students at the University of Tampa regarding their student loans and what to expect. We presented a Powerpoint on Mastering Your Student Loans and held a small workshop for students afterwards. Fox News Channel 13 was there covering the event as well.…
Normally, when we apply for an income based plan with debt forgiveness, our clients do not have be current in their student loan payments. They cannot be in default, but up to 270 days delinquency is fine. We request a hardship forbearance to cover the missed payments. In many cases,…
With the property market continuing to improve in Florida, we are seeing more lenders delay and place obstacles in front of borrowers trying to modify their home mortgage in an effort to keep their homes. There are certain court rules and CFPB rules regarding modification that an attorney may be…
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…