Private student loans

Sued by National Collegiate Trust? Now Accepting Cases!

Announcement: My law firm is now accepting student loan cases where one of the “National Collegiate Trust” entities, which often have numbers such as “2007-2″ or 2006-3,” is suing the borrower and/or co-signer. So if you or someone you know have recently received a lawsuit from National Collegiate Trust, please give me a call to …

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Will Obama’s new student loan program help me with my private loans?

In a word, no.  First of all, the “new program” isn’t really a new program at all – it’s an extension of a program that Obama first signed into law in 2012, known as the “Pay As You Earn” program (or PAYE).  Originally, the 2012 version of PAYE allowed only *new* student-loan borrowers to pay …

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Medical debtors’ student loans the subject of new Senate bill

Another bill has been introduced that would allow student loan debt to be discharged in bankruptcy under certain circumstances.  Debtors who were driven into bankruptcy by medical debt or lost income due to the medical problems of a relative would be eligible for student loan debt forgiveness under a new bill that has very little …

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Private student loan discharge in bankruptcy proposed in new bill

Senator Tom Harkin has proposed a bill to make private student loans dischargeable in bankruptcy and to automatically enroll people who owe student loans in income-based repayment.  Harkin’s bill, called the Higher Education Affordability Act, contains many other proposals that are less helpful to people who owe student loans now or who will in the future.  As …

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