Legal Articles, Credit & Debt

Considering Grad School? The Payoff May Be All About Student Loan Debts

Graduate students represent a small number of student loan borrowers, but the amounts they borrow can be astronomical in comparison.

Collections Lawsuits: Don’t Let Fear Keep You from Eliminating Debt

Realizing that you are falling into insurmountable debt is frightening, and finding out that you are being sued is certainly worse, not to mention worrying about the threat of a default or court judgment.

Ignoring Debt Will Catch Up with You—Reach Out Before There is A Court Judgment

Delinquencies and defaults can be devastating to your credit, but legal action is an escalation that should have your attention immediately. Even if you know you owe the debt, respond!

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.

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