Tag : Student Loans & Bankruptcy

Obama Student Loan Forgiveness Starts Here

Chapter 13, Chapter 7, Debt Collections, Fair Credit Reporting, Fair Debt Collections Practices, Student Loans & Bankruptcy

With so many companies guarantying student loan debt forgiveness and using Obama’s words to market and sell their offerings, I thought I would set the record straight! YOU CAN HELP YOURSELF FOR FREE YOU CAN HIRE ONE OF THESE COMPANIES THAT MAY NOT BE LAWYERS; OR YOU CAN HIRE A LAWYER TO REPRESENT YOU Don’t […]

Student Loan Crisis 2014

Student Loans & Bankruptcy

Does anyone remember the mortgage crisis of 2008?  It seems like so long ago that wall street and mortgage lenders that created securitized mortgages nearly brought down the economy. Did you know that the recession officially ended in 2009? I bet you’re wondering what the mortgage crisis has to do with the student loan crisis.  […]

If Career Colleges of America Closes Students Should Seek A Discharge Of Their Student Loans

Student Loans & Bankruptcy

Career Colleges of America may be in trouble.  On December 20, 2013 Accrediting Council For Continuing Education and Training [ACCET] sent a letter to the school following a meeting to review an interim report the school submitted in response to the Institutional Show Cause directive issued last August. Their is an apparent cash flow problem […]

The Great American Student Loan Racket

Student Loans & Bankruptcy

Americans are still swimming in debt in spite of the media and government shouting, “The crisis ended in 2009, let’s get back to spending!”  However, there is another crisis on the horizon that has quietly surpassed credit card debt and that is Student Loan Debt now more than $1.3 Trillion Dollars. How did we get […]

National Collegiate Student Loan Trust (s) Filing Massive Amounts of Lawsuits

Student Loans & Bankruptcy

Does anyone remember the mortgage crisis that nearly caused the entire world economy to crash in 2008?  Well, there’s a new debt bubble that’s ready to burst; STUDENT LOANS.  With more than $1.3 Trillion Dollars in student loan debt, it’s no wonder that National Collegiate Student Loan Trust is bringing a massive tidal wave of […]

WARNING: Student Loan Debt May Be Harmful

Student Loans & Bankruptcy

HOORAY and congratulations! You were just accepted to the college of your choice. Now all you have to do is pack your bags, buy some books and pay for the school. Nice. But wait. Few people can afford to pay for college out of their savings, or out of a paycheck, so they take out a […]

Student Loans: No Way Around; Maybe A Way Through

Chapter 13, Chapter 7, Student Loans & Bankruptcy

This morning at a breakfast networking mixer, I met a gentleman who, after meeting me, asked me if there was a way around student loans.  I replied, “There isn’t a way around student loan debt, but there are a few ways through it.”  Ever since winning at trial, discharging more that $57,000.00 in student loans […]

The High Price of Higher Education and Student Loan Debt

Student Loans & Bankruptcy

Welcome to the new “bubble.” Student loan debt now exceeds credit card debt in the U.S. and what is being done about it?  Well, President Obama is now fighting Congress to prevent interest rates from doubling on July 1st.  Here’s a great article about their plans to “fix” the problem.  Schools of higher learning are […]

Student Loan Debt: The Right Choice of Repayment Can Save Thousands

Student Loans & Bankruptcy

Last year I successfully discharged more than $57,000.00 in student loan debt for my clients through a bankruptcy lawsuit against their student loan lender. Since then, I have spoken with consumers all over the country suffering from student loan debts they cannot afford.  This month, I’ll be presenting a seminar on effectively dealing with the […]

Cracks In The Student Loan Hardship Discharge Wall

Bankruptcy Law Overview, Chapter 7, Student Loans & Bankruptcy

This article was written by Jeffrey Jackson, Esq. (Licensed in Indiana) and posted here as a guest blogger post. This week, the 7th Circuit Court of Appeals in Chicago found that there can be a discharge in a student loan case if the right desultory circumstances present themselves. The ruling in Krieger v. ECMC focuses […]

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