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Debtor Education Course After Filing for Bankruptcy

Sawin & Shea

Medical bills, credit cards, payday loans, and struggling businesses – it can seem like the letters and calls from creditors will never stop. Bankruptcy filings for both individuals and businesses are on the rise. Since 2005, a debtor education course from an approved provider is mandatory for anyone who files for bankruptcy.

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How Long Will it Take to Rehabilitate a Student Loan?

Sawin & Shea

Student loan debt is a serious problem in the United States, and it’s an issue that impacts millions of Americans. As of January 2022, around 45 million people have student loan debt, which is 13.5% trillion, and according to Forbes , 7% of borrowers will never pay off their loans based on the current rate of repayment.

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Chapter 13 Bankruptcy Dismissed. Can I Refile?

Sawin & Shea

Filing for Chapter 13 bankruptcy can help you improve your financial situation. If the bankruptcy court has your Chapter 13 bankruptcy dismissed, you’ll need to refile or find another method for overcoming your debts, such as Chapter 7 bankruptcy. Bankruptcy dismissals have nothing to do with unloading debts.

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How Can I Stop Student Loans from Taking My Taxes?

Credit Corp

Going through student loan repayments can be a hassle. However, due to the COVID-19 pandemic, student loan payments and collection attempts have been paused until September 30, 2021. This means you have more time to find ways to repay your student loans before you have a defaulted loan. Table of Contents.

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Impact of Collection Agency Letters on Debtors

Nexa Collect

This makes it harder for them to get loans, credit cards, or sometimes even jobs in the future. They may also look into options like debt consolidation or bankruptcy. Ignoring the letters can have further consequences, such as lawsuits and garnishments.

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Congress Passes Relief for Student Loan Borrowers in CARES Act

Titan Consulting

Congress recently passed legislation in the CARES act that provides direct and indirect benefits to Federal Student Loan borrowers. Congress also counts the non-payment period through September as credit toward loan forgiveness credit. Help Available for Borrowers with Student Loans. How to Get the CARES Act Benefits?

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How to Challenge Your Student Loans and How to Get Your Student Loans Forgiven

Credit Corp

If you feel burdened under the weight of student loan debt, you’re not alone. In 2019, the average student loan debt total per person was more than $31,000. The good news is that you may be able to get part or all of your student loans forgiven. Here’s how to challenge student loans and how to get your student loans forgiven.