Close

Articles Posted in Student loans

Updated:

Student Loan Discharges in Bankruptcy are now Working!

Many questions surround the possibility and even probability of discharging student loans in bankruptcy.  The law around student loan dischargeability hasn’t changed in many years, the way I understand it – it’s just that newer theories on applying that law to private student loans have come to the forefront in…

Updated:

Weekend Student Loan Viewing – Last Week Tonight with John Oliver!

A little birdie told me that Sunday’s show will be about student loans.  I just watched the one last week on Boeing and it was really good!  Made me pretty happy not to own Boeing stock… Here is the Boeing story https://www.youtube.com/watch?v=Q8oCilY4szc You can watch/stream Last Week Tonight with John…

Updated:

FCRA Claims can be Brought Against Federal Agencies – New Feb 8, 2024 Kirtz Decision!

For those of you who are on the receiving end of credit dings due to federal agencies messing up your student loans, the recent Kirtz decision allows a consumer to sue a federal agency under 15 U.S.C. Sections 1681n and 1681o for defying the terms of the Fair Credit Reporting…

Updated:

Some Highlights of the Joint Spousal Separation Process and Application (available soon)

Finally!  Relief for Joint Spousal Consolidation Federal Student Loans Did you know that married couples were allowed to consolidate their debt under a program that existed from 1993 to 2006 which allowed a single monthly payment and often a lower interest rate.  But it meant that each spouse was 100%…

Updated:

What if You Borrowed a Little More than 12k? Will You Receive Forgiveness of Student Loans?

Good news: the Administration announced last week that in February, it will begin early implementing the SAVE provisions that provide cancellation of borrowers’ remaining balance in as few as 10 years of qualifying payments depending on the total amount originally borrowed. Borrowers enrolled in SAVE will have their remaining balance…

Updated:

Three Year Monitoring for Disability Discharge of Federal Student Loans?

Lots of confusion out there regarding the three year monitoring.  The wage monitoring part of the three year monitoring went away, but NOT the three year monitoring as a whole.  What does that mean? Well, if the borrower returns to school and takes out federal loans, that could reinstate the…

Updated:

Vocational Student Loan Debt Can Be Discharged in a Bankruptcy

Despite lots of changes in the landscape allowing the discharge of both federal and private student loan debt under the right circumstances, many people still believe that student debt survives a bankruptcy. Private loans follow very different rules then federal as you probably know. One thing I haven’t written much…

Updated:

We Regularly Obtain Full Forgiveness of Federal Student Loans Through the TPD program

Most people I speak with about the disability discharge of federal student loans are concerned that the test is similar to the Social Security Disability analysis.  It’s not.  You don’t have to deal with a scale of whether you can feed or dress yourself.  You don’t have to be approved…

Contact Us