The FHA Covid-19 Forbearances allow for reduced or suspended payments without specific terms of repayment, for six months at a time, up to 18 months. Deadline for applications was May 11, 2023. The end of the health emergency is now over. If you’ve lost your income, job change or divorce…
We’ve seen some confusion out there about whether those with disability discharges for federal student loans are required to provide income information going forward. This is because the new rule hasn’t yet gone into effect. But it will before the repayment pause ends so no worries. https://www.ed.gov/news/press-releases/education-department-releases-final-regulations-expand-and-improve-targeted-debt-relief-programs The rule eliminates…
Credit reports have more errors than ever right now. Student loans, car loans, really – any kind of credit out there, is often reported inaccurately on your credit reports. It costs you nothing to have us take a look. Our Fair Credit Reporting Act cases are ALL on a contingency…
I just became aware of a new procedure to provide “an intent to separate a joint consolidation loan” when a client received this: As you are already aware, you and XX have a FFEL Joint Consolidation Loan. ED has indicated that FFEL Joint Consolidation Loan borrowers who take the necessary…
Lenders will often try to get a note and mortgage into evidence with a simple endorsement in blank of the promissory note. This can be defeated. The mortgage is the issue. A mortgage follows a “note” but a mortgage does not follow a non-negotiable instrument. Since Florida Statutes Ch. 673…
Our ad is running in the Hillsborough Lawyer magazine today for our South Tampa Workspaces. We’d love to have any of our fellow attorneys come join us!
We write a column – that has become 1-2 pages due to all the stuff going on — called the Student Loan Sidebar in our local Cramdown publication to all bankruptcy practitioners including debtor attorneys, the creditors’ bar and our judiciary. Because not everyone has access to this publication, we…
The United States Trustee Program (USTP) has resumed audits of individual chapter 7 and chapter 13 bankruptcy cases under the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 on March 13 ,2023. What does this mean if your case is selected? The USTP contracts with independent firms, utilizing certified…
Our ad came out in the Hillsborough County Lawyer Magazine today for our new Workspaces in South Tampa. Yay! During the pandemic when our team started working remotely, we fully renovated our office space to offer a “sometimes” office as needed for both us and our colleagues. We offer several…
A bankruptcy claims trading platform called Xclaim just closed a $7 million fund raising round after adding a focus toward crypto claims. If you have funds stuck in one of several centralized crypto related companies which filed bankruptcy last year, this may be of interest to you. I have no…