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Account Recovery
AUGUST 31, 2022
billion of student loans for all of the 79,000 individuals who attended Westwood College between 2002 and 2015, ruling that the school “engaged in widespread misrepresentations about the value of its credentials for attendees’ and graduates’ employment prospects.”
Account Recovery
NOVEMBER 11, 2022
Compliance Student Loans Brown v. Department of Education District Court for the Northern District of Texas Judge Mark Pittman Student Loan Debt Cancellation
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Account Recovery
AUGUST 17, 2022
The Department of Education announced yesterday that it is canceling all the remaining federal student loans for anyone who attended ITT Technical Institute between 2005 and its closure in 2016. This will result in the cancellation of loans for 208,000 individuals who collectively owed $3.9
Account Recovery
AUGUST 25, 2022
Individuals with … The post Biden Announces Student Loan Cancellation Plan, Extends Moratorium on Payments appeared first on AccountsRecovery.net. Student Loans Student Loan Debt Cancellation
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The experiences of every generation are characterized by their behaviors involving finances. Understanding these attitudes and using them to inform marketing messages enables community banks, regional banks and credit unions to better serve their customers.
Account Recovery
JANUARY 11, 2023
The Department of Education yesterday announced a proposed rule that aims to lower the student loan payments being made by those with student loan debt, while completely pausing payments for individuals who make less than $30,600 per year. Student Loans Student Loan Debt Cancellation
Account Recovery
SEPTEMBER 8, 2022
Backstory: Student … The post Warren Demands DoJ Release Student Loan Bankruptcy Guidance appeared first on AccountsRecovery.net. Student Loans Sen. Elizabeth Warren Student Loan Debt ReliefElizabeth Warren [D-Mass.]
Account Recovery
NOVEMBER 4, 2022
Individuals with student loans that had their payments paused during the pandemic are now falling behind on other credit products, according to data released this week by the Consumer Financial Protection Bureau.
Account Recovery
FEBRUARY 21, 2022
Student Loans Public Service Loan Forgiveness Rohit Chopra Student Loan Debt Cancellation
Account Recovery
DECEMBER 9, 2021
Christopher Lyell was … The post Student Loan Debt Relief Scammers Sentenced appeared first on AccountsRecovery.net. Compliance Student Loans Brandley Hansen Christopher Lyell Hoke Nagahori Paul Rehmar Rob Bonta Student Loan Debt Relief Department
Speaker: Alex Jiménez, Managing Principal, Financial Service Consulting for EPAM
The largest banks have increased reserves for protection against deteriorating economic conditions. Should banks delay their digital transformation investments and focus on cost reductions? In this webinar, Alex Jiménez will walk us through that question and examine the prudent course of action.
Account Recovery
AUGUST 24, 2022
A Georgia man has been sentenced to six years in prison while also being ordered to pay $910,417 in restitution after pleading guilty in a scam that led to $48 million of federal student loans being fraudulently discharged through a program intended for disabled military veterans.
Account Recovery
JUNE 13, 2022
The … The post Report Calls for ‘Broad-Based’ Cancellation of Student Loans appeared first on AccountsRecovery.net. Student Loans Center for Law and Social Policy National Consumer Law Center Student Loan Debt Cancellation
Account Recovery
DECEMBER 23, 2021
Back in August, the government announced a … The post Student Loan Repayment Moratorium Extended Until May appeared first on AccountsRecovery.net. Student Loans COVID-19 Moratorium Student Loan Debt Cancellation
Account Recovery
MAY 3, 2022
A bill has been introduced in the Senate that would prohibit President Biden from canceling outstanding federal student loan obligations due to a national emergency while also ending the current moratorium on federal student loan payments. Compliance Student Loans S.4094 Sen.
Account Recovery
JULY 1, 2022
” A … The post Groups Call on Biden to Extend Student Loan Payment Pause appeared first on AccountsRecovery.net. Student Loans Student Loan Debt Cancellation
Account Recovery
NOVEMBER 23, 2022
The Biden Administration yesterday announced it was extending the moratorium on student loan payments until 60 days after litigation surrounding the plan to forgive up to $20,000 in unpaid student loans is resolved. Student Loans Student Loan Debt Cancellation
Account Recovery
OCTOBER 19, 2021
The Department of Education is considering proposals that would give borrowers “new flexibility” like initial grace periods when its moratorium on student loan payments ends on January 31, according to a published report.
Account Recovery
MARCH 8, 2023
Candidly, a platform that aims to help individuals pay off their student loans while saving and building wealth at the same time, yesterday announced it had raised $20.5 The post Student Loan Debt Repayment Platform Raises $20M appeared first on AccountsRecovery.net.
Account Recovery
APRIL 19, 2022
… The post Student Loan IDRs Go Under the Microscope appeared first on AccountsRecovery.net. Student Loans H.R.
Account Recovery
DECEMBER 10, 2021
Student Loans Student Loan Debt Cancellation Student Loan Debt Collection
Account Recovery
JUNE 24, 2022
The Department of Education yesterday announced a settlement in a lawsuit that will see the debts of 200,000 individuals forgiven, wiping out $6 billion in unpaid loans owed by individuals who had filed borrower defense claims that were left pending for years by previous administrations.
Account Recovery
AUGUST 12, 2022
The only good thing that happens when an individual defaults on his or her student loan is that debt collectors make money, according to an Undersecretary at the Department of Education who was speaking during a virtual panel discussion earlier this week.
Account Recovery
OCTOBER 1, 2022
The Consumer Financial Protection Bureau yesterday published a special edition of its Supervisory Highlights, spotlighting the student loan servicing and collection markets and pointing out some of the issues it has uncovered when examining companies in that market.
Account Recovery
MARCH 17, 2023
The post Companies Illegally Collecting on Student Loans Discharged in Bankruptcy: CFPB appeared first on AccountsRecovery.net. Compliance Student Loans
Account Recovery
SEPTEMBER 28, 2022
The Biden Administration’s student loan debt cancellation plan will cost the government $400 billion, according to a report released yesterday by the nonpartisan Congressional Budget Office. Student Loans Student Loan Debt Cancellation
Account Recovery
DECEMBER 2, 2022
Arguments in … The post Supreme Court Agrees to Hear Arguments in Student Loan Debt Cancellation Plan While Another Appeals Court Upholds Block first appeared on AccountsRecovery.net. Compliance Student Loans Student Loan Debt Cancellation
Account Recovery
DECEMBER 22, 2021
A copy of the proposed … The post LendUp to Stop Making New Loans, Collecting on Certain Existing Loans, Under Settlement with CFPB appeared first on AccountsRecovery.net. Compliance Enforcement Action LendUp Loans
Account Recovery
AUGUST 23, 2021
The Department of Education has announced that 323,000 individuals who have a total and permanent disability will have their unpaid student loans automatically discharged without having to file any paperwork or applications. billion in unpaid loans.
Account Recovery
OCTOBER 20, 2022
A group fighting to block a plan to forgive student loan debt has submitted a petition to the Supreme Court seeking an emergency injunction after a website went live this week accepting applications for the program. Student Loans Student Loan Debt Cancellation
Account Recovery
SEPTEMBER 1, 2022
Economy Student Loans Student Loan Debt Cancellation
Account Recovery
MAY 18, 2022
General News Student Loans Student Loan Debt Cancellation Student Loan Debt Relief
Account Recovery
SEPTEMBER 20, 2021
Economy Student Loans Economic Data
Account Recovery
SEPTEMBER 14, 2022
General News Student Loans Student Loan Debt Cancellation
Account Recovery
JUNE 17, 2021
The Department of Education announced yesterday that is canceling the student loan debts for 18,000 individuals who were scammed by a defunct for-profit college. The total amount of the loans being forgiven is about $500 million.
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