There is no doubt the coronavirus pandemic has impacted everything in your daily life. Today we are going to look at the impact of Covid-19 on your federal student loans owned by the Department of Education. Keep in mind these are different than privately held student loans. Currently, your Department of Education student loan payments… Read more »
Posts Categorized: student loans
Why You’re Not Getting Arrested for Student Loans
If you’ve been on social media in the last week you’ve probably heard about Paul Aker. He claims he was arrested by US Marshals because he owed student loan debt (who doesn’t?). There is STILL no Debtors’ Prison I’ll let you get caught up on the facts that were reported in the original story here…. Read more »
Bankruptcy and Discharging Student Loans | Updates
Discharging Student Loans in Bankruptcy The Department of Education has just released a letter indicating how it will handle a bankruptcy filing that attempts to be discharging student loans. Although there are no set rules and the practice has not been developed yet, the letter provides a road map for when an attorney should attempt… Read more »