Published on:

By

I saw today that WeWork filed bankruptcy and is terminating many of its leases.  If you or anyone you know is in need of a new “home” we have new and professional office shares in South Tampa for attorneys or other professionals.  Our space is a little different from most in that all of our offices have doors, and we understand what legal professionals need.  For instance, there is someone at the office to greet clients – and we are owner occupied.SouthTampaWorkspace1More photos and information is available on our website www.southtampaworkspaces.com.  You can also email us at info@southtampaworkspaces.com.

Published on:

By

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, 2023.  There is no cost to do so.

Continue reading →
Published on:

By

Christie_1Consolidation 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 also help you to have one start/end date for PSLF forgiveness.

Those with Perkins loans or FFEL loans should definitely consider December 31, 2023 their deadline to consolidate their loans to Direct in order for prior payments to now count toward PSLF as well as future payments.  Remember, you can consolidate even one loan.  Think of this as a kind of refi – to a different type of loan.  Stay within the federal system – this is where all the forgiveness is occuring.

Please see our video on Double Consolidation if you have Parent Plus loans — this loophole may allow you to get into SAVE for a payment that is often MUCH LESS than the Income Contingent Plan (“ICR”).  https://www.youtube.com/watch?v=9KX74O4OJ8s

Continue reading →
Published on:

By

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 student loan debt?  Try this test:  call 3-4 times, see how many different answers you get…

5.0 stars

Continue reading →
Published on:

By

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 also for the IDR audit/recount, and Parent Plus loans in particular.  You may want to consider opting out of the IDR audit if you have a long loan history with gaps between loans — you can combine them and get more credit through a consolidation, then opt back in.  But consider a double consolidation if you have Parent Plus loans.  If all of this makes no sense to you, then see us, or someone like us!

Channel 13 10/17/23 Following a three-year pause, student loan payments have resumed for thousands of Americans.

Continue reading →
Published on:

By

The new means test numbers came out:

It hasn’t changed much for Florida except – down 3k for family of 3 though.  Very odd, but whatever.

New as of Nov 1:  https://www.justice.gov/ust/eo/bapcpa/20231101/bci_data/median_income_table.htm.

Continue reading →
Published on:

By

 

In our efforts to help our former clients or new clients move ahead with their life, we offer tips to improve credit or benefit from new programs (with particular emphasis on those with prior financial burdens).

Today, I’d like to summarize some programs that may help to purchase a home even one day after a bankruptcy, short sale or foreclosure.  We can also help you secure a knowledgeable Realtor to help in these areas.

 

Published on:

By

arkovich_law-narrowWhat to expect if you cannot pay your mortgage – This timeline comes directly from the Department of Housing and Urban Development, in other words, HUD:

  • First month missed payment: The lender will contact the buyer by a letter or phone.
  • Second month missed payment: The lender will begin calling to discuss why payments have been missed. At this point, the buyer might be able to make a payment to prevent further acceleration.
Continue reading →
Published on:

By

arkovich_law-narrowOnce you get out of the habit of making a mortgage payment, it’s hard to get back to making that large payment every month.  This is particularly true, with student loans also restarting payments now.

What do we do that can help solve this problem for you?

We litigate mortgage claims, assert consumer defenses when available and defend foreclosures in Florida.  State law relating to foreclosures vary widely and we limit our practice strictly to Florida for mortgage related issues, generally in the counties surrounding Tampa Bay.  We’re a member of a local Tampa Bay foreclosure defense attorney group, and NACA which is a national consumer advocacy group where consumer attorneys share ideas, tips and trends.

Continue reading →
Published on:

By

arkovich_law-narrowThe regular FHA HAMP loss mitigation programs will remain in suspension until October 30, 2024 – next year!  All foreclosure sales are to be suspended until the same date.  Same with Deed in Lieu negotiations.

So what does that mean?

All borrowers who are already in default or at risk of imminent default are supposed to be evaluated under the expanded guidelines of the Covid 19 Recovery Option program.  These provisions could be terminated early by Congressional action, executive or agency rules.

Continue reading →
Contact Information
1520 W Cleveland St
Tampa, FL 33606
Phone: (813) 258-2808
Fax: (813) 258-5911
The hiring of a lawyer is an important decision that should not be based solely upon advertisements. Before you decide, ask us to send you free written information about our qualifications and experience. This website is designed for general information only. The information presented at this site should not be construed to be formal legal advice nor the formation of an attorney / client relationship.

We are a Debt Relief Agency under the United States Bankruptcy Code. We help people file for bankruptcy relief under the Bankruptcy Code.

California Consumer Privacy Act (CCPA) Opt-Out IconYour Privacy Choices Cookie Policy Manage Cookies

Please do not include any confidential or sensitive information in a contact form, text message, or voicemail. The contact form sends information by non-encrypted email, which is not secure. Submitting a contact form, sending a text message, making a phone call, or leaving a voicemail does not create an attorney-client relationship.

Copyright © 2015 – 2026, Arkovich Law
JUSTIA Law Firm Blog Design