Collection Industry News

APRIL 22, 2023

WASHINGTON — A settlement that will allow thousands of student loan debts to be canceled will go into effect after the Supreme Court on Thursday declined to block it. The Supreme Court in a brief order rejected a request made by colleges challenging the settlement.

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Student loans Student Loans Debt settlement Loans 40

Debt Free Colorado

APRIL 9, 2020

Either way, you should speak with an experienced debt relief attorney about strategies for dealing with unsecured creditors. Experian Credit Card and Debt Relief List. Student Loans. You should call your student loan servicers about forbearance, which will temporarily stop or reduce your payments.

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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.

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Chapter 13 bankruptcy Bankruptcy Chapter 7 bankruptcy Debt collector 98

Debt Free Colorado

DECEMBER 23, 2024

These debts have no collateral, so creditors cannot take your property without going to court first. Late utility bills also count as unsecured debt. Some debts stay with you even after bankruptcy. Student loans, child support, recent taxes, and court fines must be paid in full.

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Unsecured Debt Bankruptcy Chapter 7 bankruptcy Chapter 13 bankruptcy 52

Debt Free Colorado

DECEMBER 7, 2016

Meet with an attorney to discuss your financial circumstances and options including debt settlement, repayment plans, Ch. Debts Discharged – No sooner than 60 days after your 341 meeting, but not until the debtor education certificate is filed and court filing fees are paid. Initial Consultation. 13 bankruptcy.

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Chapter 7 bankruptcy Bankruptcy Student loans Student Loans 40

Sawin & Shea

MAY 2, 2024

Bankruptcy filers with income below their state’s median can potentially qualify for Chapter 7 to discharge many debts. However, certain debts like child support, alimony, and other domestic support obligations cannot be eliminated. Student loans are also difficult but not impossible to discharge in bankruptcy.

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Bankruptcy Chapter 7 bankruptcy Chapter 13 bankruptcy Unsecured Debt 52

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. Research and Market Monitoring. Office of Financial Technology and Innovation.

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