I’d like to thank the PAF’s Hillsborough Chapter for the invitation to speak at their luncheon today with the assistance of our long term legal assistant, Angie Glaser, now paralegal!! — about Taking Control of Your Student Loans. There were lots of good questions by people starved for information and…
We’ve noticed over the past few months that some of our clients and many other borrowers have been reporting that they are having no luck getting their federal loans in forbearance after they’ve filed a Borrower Defense to Repayment (“BDTR”) application. These forbearances are simple to request and are supposed…
One of our PSLF class actions against the largest student loan servicer in the United States, Navient, was profiled by ABC Action News here in Tampa last week. Our clients are finding they have to basically start all over with their ten years of Public Service Loan Forgiveness because the…
CNN Money recently featured two of our clients, Amanda Lawson-Ross and Bill Cottrill, in a story Student Loan Nightmare: ‘I have to start all over’. These two clients filed Complaints seeking class action status. One observation in the story: “They make it incredibly difficult to take advantage of [PSLF]; you…
One of our student loan attorney colleagues, Austin Smith, is the guiding force behind a class action filed in Texas that is pending: In re: Evan Brian Haas and Michael Shahbazi v. Navient Solutions, LLC and Navient Credit Finance Corporation. It may affect our Florida clients with private student loans as it…
Matt Taibbi of the Rolling Stones just published a very enlightening piece “The Great College Loan Swindle” today. He explains just how universities, banks, and the government turned student loan debt into America’s next financial bubble — or as a client called it this week a “nightmare”. He highlights a student…
Parent Plus loans continue to be a big problem. Not only are the consumers unable to pay the loans that were taken out for their children, they are continuing to not take advantage of plans that would allow them to pay less without hurting their credit. Case in point: (As…
How can a bankruptcy help reduce your student loan debt? We’ve been making great strides in obtaining student loan debt relief in bankruptcy lately. Most people think only of whether their student loans can be discharged in bankruptcy. Usually the answer is “no”. But that’s not where the focus…
This could easily be you! This is a word-for-word review posted this week by a satisfied student loan client: Christie Arkovich and her team changed my life for the better. I went to her stressed because I couldn’t afford my monster student loan payment any longer (and getting a deferment…
I’ve blogged about the new CFPB Consent Orders here, against both NCSLT and TSI which requires a halt to all collection activities for the vast majority of NCSLT trusts for private student loans, but what might it mean for pending bankruptcies? First, the Consent Orders require the payment of millions of…