Legal Articles, Bankruptcy & Debt

Student Loan Servicers in Trouble: Navient May Experience Greater Leniency Than Expected

Sued by both the Justice Department and more recently the Consumer Financial Protection Bureau (CFPB), Navient administrators have said that they will fight back against these lawsuits.

No Process of Service: Will the Judge Dismiss My Case?

Generally, if the process server does not hand the summons directly to you or to someone of age who resides in the home with you, it should not be possible to have a default judgment granted against you.

You May Not Be Judgment Proof Forever

You may be safe from enforcement today, but a judgment is usually good for ten years and can then be extended for another ten. In the next twenty years, do you still see yourself without a job, without property, and without a checking account?

Collections Lawsuit Deadlines: Understanding How They Work

There is always the temptation to procrastinate or sweep things under the rug, especially when having to face something as intimidating as a lawsuit. However, a response is highly recommended. In some cases, you may even be able to file a late response if you have a valid excuse.

Debts and Default Judgments: Isolating Yourself is Not the Answer

Financial distress can be scary, especially if you do not have enough resources to pay for essential bills. This is challenging if you are the only person in your household, but if there are multiple others depending on you, the situation becomes even more grave.

$890 Billion of Student Loan Debt Belongs to the Women

It has been clear for some time now that more women are attending college than men, so it makes sense that they would be contributing more to tuition costs; however, recent studies point out that student loan debt is becoming a women’s issue.

The Reality of Student Loan Debt in the US is Scary

As over 44 million borrowers continue to pay off their portions of the $1.5 trillion student loan debt that is looming over the US economy, many are stressed, limited by serious financial constraint, and headed into delinquencies or outright default.

Served with a Collections Lawsuit: Reviewing the Summons and Complaint

Even if creditors and collections agencies are following the law, their efforts can still be relentless, harsh, and full of intimidation. Unfortunately, the process can get much worse if they decide to sue.

Collections Lawsuit Relief Via Chapter 7 Bankruptcy

Bankruptcy may seem like an intimidating process that you know nothing about, and you may be worried about all the paperwork. With the help of a skilled bankruptcy attorney, you should find the process to be streamlined.

Debt Collection Agencies Become More Powerful with a Judgment

If you do not reply to a collections lawsuit, and you do not appear at the scheduled trial, chances are good that a judgment will be entered against you automatically.

Legal Articles Additional Disclaimer

Lawyer.com is not a law firm and does not offer legal advice. Content posted on Lawyer.com is the sole responsibility of the person from whom such content originated and is not reviewed or commented on by Lawyer.com. The application of law to any set of facts is a highly specialized skill, practiced by lawyers and often dependent on jurisdiction. Content on the site of a legal nature may or may not be accurate for a particular state or jurisdiction and may largely depend on specific circumstances surrounding individual cases, which may or may not be consistent with your circumstances or may no longer be up-to-date to the extent that laws have changed since posting. Legal articles therefore are for review as general research and for use in helping to gauge a lawyer's expertise on a matter. If you are seeking specific legal advice, Lawyer.com recommends that you contact a lawyer to review your specific issues. See Lawyer.com's full Terms of Use for more information.

Free Help: Use This Form or Call 800-923-0641

Call me for fastest results!
800-923-0641

Free Help: Use This Form or Call 800-923-0641

By submitting this lawyer request, I confirm I have read and agree to the Consent to Receive Email, Phone, Text Messages, Terms of Use, and Privacy Policy. Information provided may not be privileged or confidential.