Student Loan Rehabilitation Law New Regulations
Did you know that student loan bill collectors are often paid over $100,000 a year to put you into loans and rehabilitation programs that are neither reasonable nor affordable? In fact, student loan collectors are paid like the mortgage industry servicers who violate the law and regulations. Student loan collectors are paid by charging fees […]
Student Loan Bankruptcy Law Reform
In an old ABI podcast, two law professors debated student loan bankruptcy reform and lawmaking to make student loans easily dischargeable in bankruptcy and possibly propose methods on how to do it. One law professor suggests student loans might be valued by using what an unsecured lender pays for this debt, based on the ability […]
Student Loan Statute of Limitations • Video
There is no statute of limitations for government student loans. Federal Student loans are exempt from the state statute of limitations because of Section 484A(a) of the Higher Education Action and 20 U.S.C. § 1091a(a). However, Private student loans are subject to the statute of limitations and all the same defenses that any other contract […]
GLA Debt Collections Harassment Settlements and Lawyers • Video
GLA Debt Collections often collects for medical debt in Kentucky and the surrounding states. It has been our experience with GLA after a debt sent to them there is little or no reason to settle or pay the debt. If the unpaid collection item is placed on your credit report, there is little or nothing […]
How to Settle with Lloyd and McDaniel Collection- All You Need to Do!
Lloyd and McDaniel is a collection law firm that represents debt buyers and lenders. They are listed as one of the top law firms in the nation and listed by Thomson Reuters in SuperLawyers. When this was written in 2020 one of their local attorneys for this firm was the son of a former federal […]
Why Settle a Debt with Weltman, Weinberg, and Reis? Dos and Don’ts
Why settle a debt with Weltman, Weinberg, and Reis for an old debt purchased by a debt buyer from an original creditor? Of course, no one wants to pay a debt to a collection agency. But never-the-less, you have to consider the practical aspects of what to do next, or else you might have to […]
