Debt settlement Education Loans Student Loans 
Collection Industry News
APRIL 22, 2023
The justices declined to intervene over a class-action settlement that could lead to the cancellation of more than 200,000 loans based on claims that colleges misled students. The Supreme Court in a brief order rejected a request made by colleges challenging the settlement. and American National University.
Titan Consulting
AUGUST 23, 2020
If you do not qualify for a Chapter 7 bankruptcy to liquidate your debts, you may be required to pay back a significant portion of your debts under a Chapter 13 Bankruptcy, and still suffer the negative impact to your credit score. Filers can typically retain the home and vehicle as long as you make payments on the loan.
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Collection Industry News
MAY 3, 2022
If entered by the court, the judgment would ban Performance SLC permanently from debt relief services and ban Crenshaw from debt relief services for five years. It would also ban Performance Settlement from certain loan-settlement and lead-generation activities. Department of Education (ED).
Sawin & Shea
AUGUST 24, 2020
Whether or not you file for bankruptcy also depends on the kind of debt you have. Bankruptcy will wipe out credit card debt, medical bills, and personal loans, but will not eliminate primary obligation debt; things like student loans, child and spousal support, and newer tax debt.
Credit Corp
JUNE 1, 2021
Established credit history can impact everything from getting a future loan (such as a mortgage) to renting an apartment. Monthly expenses might include student loan payments, car payments, and credit card payments. Pay Student Loan Debt. Some Millennials may want to look into loan consolidation.
Collection Industry News
MARCH 28, 2022
The Department has also begun licensing debt collectors. Proposed registration includes debt settlement services, student debt relief services, postsecondary education financing, and wage-based advances. Regulatory Activities. Research and Market Monitoring.
Troutman Sanders
JANUARY 20, 2022
On January 13, a coalition of 39 state attorneys general — led by AGs from Pennsylvania, Washington, Illinois, Massachusetts, and California — reached a settlement with student loan servicer Navient over allegedly unfair, deceptive, and abusive student loan origination and servicing practices.
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