When a parent reaches the point of needing long term medical or assistive care, sometimes a family member cannot locate the actual policy even if they know a long term care insurance policy exists. How do you get a copy of the policy? One tactic used by insurance companies is…
One lesser discussed provision of the new tax bill passed at the end of 2017 provides great news for student loan borrowers. Borrowers who have their loans canceled due to death or disability are no longer taxed for the forgiveness. This also applies to those parents who have taken out…
There are a ton of people who believed their student loans were discharged when they loans were simply listed in their bankruptcy. It may have been years before the private student loan companies started to communicate with the borrowers to collect this debt which added to that impression. As it…
Let’s face it, many people stuck in the middle taking care of both elderly parents and their own children, are overwhelmed when the Long Term Care Insurance company denies coverage for their loved ones. Who has the time to deal with this with our otherwise busy lives? Who has the…
Can a doctor at an insurance company make a decision to deny care if he or she doesn’t even look at the patient’s medical records? This is a question that the California insurance commissioner Dave Jones will be looking at during a new investigation of Aetna following this stunning admission. …
If you run into trouble paying your student loan, chances are you’ve been told to “just go on forbearance.” Here are five reasons that is a terrible idea in many cases: The client I just finished speaking with has had a few hardships in her life (health, divorces, low pay,…
Are you expecting a large tax refund this year? If so, and you have had some financial difficulties this year, do NOT file your tax return if you are in default on your federal student loans OR about to file bankruptcy. Instead, some pre-planning is in order. For federal students…
Parent Plus Loans are federal loans that a parent or grandparent takes out for their child or grandchild to go to college. Learn more about these loans, their high default rates and avenues to reduce this type of student loan debt by listening to our interview on the Crushing Debt…
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…