Well, we are now midway into the second week of President Trump’s administration. What can we expect and how can you deal with your federal student loan payments? Importantly, there were no first day Executive Orders, and none so far other than the appointment of a new Secretary of Education. …
We’re hearing that the results of the IDR recount is being posted as of last night on borrowers’ studentaid.gov site. Not all loans are processed yet, but most of the processing work for the adjustment is done. We’ll see this roll out to everyone over the next few weeks. This…
While we’re waiting on some clarity on the student loan mess, I’ve been wandering around some facts and figures surrounding the housing market here in Florida. Our law firm was front and center during the 2008 financial crisis, handling thousands of short sales, loan modifications, deeds in lieu of foreclosure,…
Big things are happening regarding Discover’s portfolio of student loans. If you have one of these, please follow along and see what can be done. Specifically, Discover is getting out of the private student loan business. Fully. They are sending letters to borrowers in a bankruptcy that they are forgiving…
The highest priority that the Department of Education should be focused on now is updating borrowers’ payment counts with the IDR adjustment/audit. We have had so many people benefit from this over the past couple years – but there are still large numbers of people who have consolidated their Direct…
Wow, record attendance expected today for a webinar I’m presenting in a couple hours at CPA Academy. The topic? What else but student loans after the election… Student Loan Forgiveness: Evaluating the National Landscape and Loan Programs. On live today at 4:00 p.m. EST, will be recorded for anyone who…
If you have debt issues and are in the Tampa Bay area, the Tampa Division of the Middle District of Florida is headquartered in downtown Tampa, Florida. It serves Hardee, Hernando, Hillsborough, Manatee, Pasco, Pinellas, Polk and Sarasota counties. If you are in any of these counties, and are running…
So what exactly does a Chapter 13 do with regard to debt that is co-signed by someone who did not file bankruptcy? What about debt that survives a bankruptcy such as many (but not all) student loans? First off, a co-debtor stay is imposed immediately when a Chapter 13 is…
My sister in law showed me her phone and over just one day she received 5 different messages regarding her student loans. Two were from Navient and Earnest. While she didn’t click them to see what they were, I’m certain they were solicitations to refinance her federal loans to a…
What should you receive once your enrollment is secure? Your student loans on studentaid.com should now show: You enrolled in Fresh Start Transfer on 09/30/2024. Your debts have not yet transferred to your new loan servicer. There is no payment due at this time. You should receive additional communications within…