Close

Reboot Your Life: Tampa Student Loan and Bankruptcy Attorney Blog

Updated:

Filing Bankruptcy? Don’t Forget to Disclose any Potential Consumer Claims or Risk Loss

Bankruptcy is all about full disclosure.  Tell the trustee or court whatever assets you have and in return you receive a full discharge of most debt.  The reason I say most debt is because there are rules re: IRS debt, student loan debt and secured debt such as vehicles, 401k…

Updated:

If You File Bankruptcy Now You Can Obtain IDR Credit for all Plan Payments!

Lots of fighting over student loan forgiveness right now. One of the big things we were (and still are) looking forward to is a change of law allowing bankruptcy debtors to obtain IDR credit for their plan payments.  Previously, many debtors did not receive such credit because the Department of…

Updated:

SAVE Payments will go to Half for Undergrad (5%) under new 10th Circuit Ruling

The 10th Circuit came out with a ruling a couple days after the Missouri and Kansas rulings modifying the stay/injunction on the SAVE plan and student loan forgiveness.  It will allow the Department of Education to implement SAVE’s 5% payment calculation for undergraduate loans starting July 1.  The rest of…

Updated:

The Kansas and Missouri Rulings June 24: What is the Fallout for Student Loan Forgiveness?

Just when we thought all things student loan related couldn’t get more complicated.  The Department of Education (“ED”) has been trucking along with its plans to get everyone on SAVE, correct prior problems with PSLF and the heavily used forbearance option that only caused balances to increase dramatically. Now, on…

Updated:

Fewer Chapter 13 Bankruptcies Expected Under Reduced Debt Caps

The debt limits of a Chapter 13 bankruptcy are dropping considerably tomorrow, June 21, 2024.  The Bankruptcy Courts are reverting back to a two part test that limits eligibility to a maximum of $465,275 for unsecured debt and $1,395,875 for secured debt.  Importantly, there is no talk of an extension…

Updated:

Has More than One Year Gone By Since You’ve Touched Your Student Loans?

The Biden administration’s overhaul of the Department of Education has put a lot of things on hold during the pandemic, but has created a number of good programs and fixed existing programs that should be taken advantage of now. If your student loans are in default for instance, while rehabs…

Contact Us