Student Loan Debt Settlement Help

[...] as a consumer bankruptcy lawyer.  And let me tell you that very little is written about student loans in the bankruptcy world.  Ask most bankruptcy lawyers and they’ll tell you, correctly, that [...]

[...] In the United States about 79% of student loans are either issued by the U.S. Department of Education or guaranteed by this agency. The [...]

[...] . First, you need to understand how a Stafford loan works.  Stafford loans are federal student loans.  As if 2010, the federal government does not guarantee student loans; instead the federal [...]

[...] When talking to potential clients seeking information about repayment options for student loans, one of the first questions I ask has to do with whether the student loans are government [...]

[...] website refers to “student loans guaranteed by the federal government.” It is silent as to private student loans. Private student loans, like federally issued or guaranteed student loans are not [...]

[...] tens of thousands of dollars in student loan debt.  Often this debt comes in the form of private student loans, which are not dischargeable in bankruptcy and are not subject to federal student loan [...]

[...] contained a startling fact – more than 91% of private student loan borrowers took out private student loans with a co-signer.  In most cases, that co-signer is a parent. What are the potential [...]

[...] for PAYE. PAYE also does not and will not apply to parent PLUS loans, FFEL loans or private student loans. CNN Money notes that PAYE and other income based programs are designed only to help the [...]

[...] forward. I agree with Joshua’s assessment but I would go further.  Solutions to spiraling student loan debt in the United States should not focus on repayment plans. Instead, they should require [...]

[...] You may have heard that student loan debt is impossible to deal with.  That the monthly payment set out in your statement is not [...]

[...] disconnect exists between likely earnings from the jobs available to graduates and their student loan debt service. Unfortunately most student loan borrowers do not become aware of this disconnect [...]

[...] Services come as such a surprise. Wells Fargo and Discover are two of the larger private student loan lenders in the country and according to a recent Wall Street Journal article, these two [...]

[...] include Perkins and Plus loans as well) available to you and your only option will be private student loan lenders. Unfortunately, private student loans do not include many of the borrower protection [...]

[...] terms, and is also exempt from discharge in bankruptcy). It doesn’t even apply to all federal student loans (Parent PLUS loans are not eligible)! This is, at best, a baby step forward. I agree with [...]

[...] . First, you need to understand how a Stafford loan works.  Stafford loans are federal student loans.  As if 2010, the federal government does not guarantee student loans; instead the federal [...]

[...] income limits 2. If you attend an expensive private college, there may not be enough federal student loans (which can include Perkins and Plus loans as well) available to you and your only option [...]

[...] impact? The PAYE program is one of several income based repayment options available to student loan borrowers. It uses a formula whereby a student loan borrower can modify the repayment terms of his [...]

[...] the jobs available to graduates and their student loan debt service. Unfortunately most student loan borrowers do not become aware of this disconnect until after they have completed their education [...]

[...] rate reduction: click here The post Loan Modification Help on the Horizon for Private Student Loan Borrowers? appeared first on Student Loan Debt Settlement Help. [...]

[...] a report about private student loans and one of the biggest complaints filed by private student loan borrowers had to do with how the loan servicer applied extra payments submitted by borrowers. [...]

[...] story about student loans contained a startling fact – more than 91% of private student loan borrowers took out private student loans with a co-signer.  In most cases, that co- [...]

[...] Student loan debtors who qualify for debt reduction or debt cancellation may save thousands or tens of [...]

[...] loan payments start to come due.  As a student loan lawyer, I try to help horrified student loan debtors find solutions to these difficult debt problems. The leafy campuses have done a good job [...]

[...] and a half to take advantage of these new rules. While the expansion of PAYE may help some student loan debtors, the current PAYE program has not been used very much. Currently only 50,000 borrowers [...]

[...] levy. Basically, the Department of Education offers many options to help put struggling student loan debtors back into non-defaulted payment status. The rules to effectuate this goal are not always [...]

[...] set out in federal law. Although the rules are not consistent among the various types of federal loans, for the most part, we have the option of curing defaults, restructuring payments based on the [...]

[...] student loans are not dischargeable in bankruptcy absent special circumstances, but unlike federal loans statutes of limitations do apply to private loans. As a matter of practice, several IRS [...]

[...] aware of this disconnect until after they have completed their education and the student loan payments start to come due.  As a student loan lawyer, I try to help horrified student loan [...]

[...] IRS. As Shawn notes, the IRS’ “Fresh Start Initiative allows taxpayers to include student loan payments as approved expenses in an IRS workout budget. This is a change from prior policy. [...]