In July of 2021, students struggling to pay back private student loans were given a reprieve by the U.S. Federal Court, when it ruled that private student loans are not considered qualified higher education expenses. This effectively opened the door to discharge private student loans via bankruptcy. Here’s what to know about relief from private [...]
Student loan consolidation with the Department of Education involves changing the terms of your debt to make it more affordable. You bring together all of your federal student loans, fill out an application and promissory note, and a new loan is issued by the federal government to replace the old ones. You then only make [...]
Are you facing an auto loan lawsuit? When an auto loan goes unpaid, there are a few potential consequences. The first is typically repossession of your vehicle. But in some cases there can be further litigation involved in an unpaid car loan. Lenders have rights in these situations, but so do borrowers. As a borrower, [...]
If you have any outstanding debt, you may have received calls from a debt collection agency or letters stating information about what you owe - and demanding you pay it. It is easy to block the calls or toss these letters aside. But when someone knocks on your door and serves you with a lawsuit, [...]
Are you facing a debt lawsuit? When you have debt that goes unpaid for a period of time, you may find yourself being served with a lawsuit. Unfortunately these things don’t just go away and some creditors won’t just charge it off and leave you alone. If you’re involved in a debt lawsuit, there are [...]
Getting sued is never part of anyone’s plan in life. After all, receiving a knock at the door and being handed a summons and complaint can feel both humiliating and heartbreaking. But, how can you avoid it? You had some debt, fell on some hard times, and struggled to pay it. Now the creditors are [...]
You hear it all the time on television and in real life. Someone threatens to sue someone after an accident or incident of some kind. But what does it mean to sue someone? The legal definition of the word sue is to use a legal process by which you try to get a court of [...]
You have been sued. Now what? Should you contact the other party? How do you deal with creditors? Do you need to be prepared to argue when you go to court? What happens if you don’t do anything? What are your rights? Facing the unknowns that come with getting sued puts you in unfamiliar territory [...]
You have spent years in college getting your education and making plans for your future only to find yourself face-to-face with a student loan lawsuit. There is no guarantee you will get a job after college. And, even if you do, you still may not be able to afford the hefty monthly fee you owe [...]
Are you facing a lawsuit? Believe it or not, someone could be suing you without you being aware of it. The law governs the way lawsuit papers are served, but it leaves room for error. If you owe a debt to a creditor and you’ve been contacted by a collection agency, there’s a chance they [...]
