Legal Articles, Bankruptcy
College Dropouts Occur For Many Reasons, But Student Loans Remain
Students who come from more affluent families tend to stay in college, while those from lower-income backgrounds do not stand as much of a chance.
Default Judgments Are Court Orders
A judgment not only means the judge ruled in favor of the entity suing you, but they are also imbued with much greater power to seek payment of the debt.
I Defaulted & The Government is Taking My Pay
Younger borrowers may not understand the ramifications of taking out large student loans—and they also may not immediately understand the complications ahead when bills are not paid to federal or private loan servicers.
Do You Feel Imprisoned by Your Student Loan Debts?
Student loan borrowers around the US have been making it clear—one way or another—that they are heavily weighed down by monthly payments to servicers who expect their payments promptly. For many, doing so can be a challenge.
Creditors May Decide to Renew Default Judgments
You may not have a job, assets, or even a checking account now. With a judgment lasting ten years, however, consider how much could change before procrastinating in dealing with a collections lawsuit or completely failing to reply.
Student Loans: Colleges Producing Highest Amounts of Debt
While students carry the burden of student loans from an assortment of learning institutions around the US, recent news highlighted the top ten colleges with students carrying the highest balances owed to student loan servicers.
4 things you should know on business bankruptcy
Thinking about bankruptcy? This short guide will provide you with crucial information that will help you determine when is the right time for bankruptcy, what are the different options, what it is like to go through the process and what is the result of bankruptcy.
Court Judgments: Are they Really Final?
As the bills pile up and debt collections activities escalate, consumers may find themselves searching for options in the face of collections lawsuits or judgments. With the help of a good debt protection attorney, you may be able to cut these actions off.
Student Loan Debt Topics: Numbers Show Decline in College Enrollments
Typical life milestones are now being delayed for many student loan borrowers as they struggle to get their money issues under control.
Consumer Debt Load Outpacing the US Economy
Recent numbers, provided by the Federal Reserve, show that the number of debt consumers accruing is not in line with economic growth.
