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Student Loan Issues: Co-Signers Could Face Serious Repercussions

If you are a co-signer on a student loan, you may find yourself wondering what to do if the borrower has dropped out of school and shows no signs of worrying about paying back the debt—or even with graduation behind them and a new job, they may still be struggling. If you are beginning to receive calls from debt collectors and are worried about what is going to happen to your credit score, consult with an experienced law firm like Fitzgerald & Campbell, APLC now.

Before You Declare Bankruptcy...

Before you declare bankruptcy...

Strategic Student Loan Defaults Growing in the US

Many consumers and borrowers today though are eschewing worry and respect for the credit score in lieu of more strategic financial moves.

Collection Lawsuit Responses: What Not to Say

Creditors often back down quickly in the face of a court battle.

Student Loan Fraud: Growing Numbers Cite For-Profit Schools at Fault

Fraud due to empty promises is one reason forgiveness is sought for many student loans, with a recent news article stating that the majority of these cases filed are by borrowers who attended for-profit learning institutions.

Co-Signer on Your Older Child’s Car—What Happens If They File Chapter 7?

"There are many experts who will warn you against the perils of co-signing unless you are fully prepared for the unfortunate circumstances of a default."

Unresolved Debt May Lead to Court Judgments & Worse

If you find yourself with a pile of unpaid debts today, it may be hard to pinpoint where the whole problem started—aside from that first credit card that arrived in the mail (probably years ago) and seemed so innocuous.

Student Loan Debt Holding Graduates Back from Starting Businesses

"Student loan debt has become almost like an illness for many in the US – and if you don’t have it, you probably know someone who has or is currently being affected by it."

Lawsuit Responses Recommended: Judgments Granted as Debtors Fail to Come Forward

Insurmountable debt usually arises due to issues beyond our control. While going on wild spending sprees and racking up the dollars in credit card debt is always a temptation, most of us decline to do so because of the consequences involved later—mainly because the money owed must be paid back or creditors will come after you.

Credit Delinquencies Grow, Along with Judgments & Millennials May Be in the Dark

Taking on multiple credit cards even while your credit is good can be a slippery slope. The temptation is there to max out balances, no matter your financial standing—and if something goes wrong with your finances, you could find yourself being sued by creditors for payment.

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