Tag Archives: Loan

Four Common Mistakes While Talking to Federal Student Loan Servicers

There are multiple types of mistakes you could make while repaying your federal student loans. You could make late payments or pay the wrong amount. Another common mistake is not utilizing income-based repayment programs while experiencing financial hardship. However, you … Continue reading

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Foster v National Collegiate Student Loan Trust 2007-4 – Redemptio ex machina: TSI Affidavit Machine Receives Judicial Bailout in Texas (and did not even pray for it, since it wasn't a party)

RADACK ROBOSIGNER REDUX: Chief of one of many courts of appeal in Texas takes swipe at 2017 CFPB enforcement action against Transworld Systems, Inc., promulgates TSI's affidavit template as a new standard to supplement the model BRA in the Texas Rules of … Continue reading

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What are My Options If I Cannot Make Federal Student Loan Payments?

A recent Brookings Institution study estimates that 40 percent of federal student loan borrowers who entered repayment in 2004 will default by 2023. There are many reasons why your student loan bills could become difficult while you are in repayment. … Continue reading

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The underutilized student loan bankruptcy discharge

A common misconception is that student loans are never dischargeable in bankruptcy. There is a bankruptcy discharge exception for some qualified student loans and educational benefit repayment obligations. The discharge exception does not, however, apply to all loans made to … Continue reading

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Student Loan Debtors Getting Kicked Out of Income Driven Plans in Bankruptcy

Reports have been surfacing that the Department of Education is kicking borrowers out of Income Driven Plans when they file bankruptcy.  It makes no difference if they are in a Chapter 7 or 13.  It also doesn’t matter if the … Continue reading

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