Tag Archives: Loans

How Would You Like to Settle Your Private Student Loans for 30%? And Payable with a Reasonable Payment Plan? Without Further Interest?

When you contact your private student loan company, you likely will be told the only options are: 1) a payment amount that is much higher than you can afford, or 2) to make an interest only payment which makes no … Continue reading

Posted in Bankruptcy Law | Tagged , , , , , , , , , , , , | Leave a comment

What Happened to Navient and How Could It Affect Your Student Loans?

Navient is one of the largest servicers of federal student loans in the country. An offshoot of Sallie Mae, it is estimated that Navient services $300 billion of government and private student loans. So, it’s a big deal for borrowers … Continue reading

Posted in Bankruptcy Law | Tagged , , , , , | Leave a comment

Bankruptcy Appeal Could Challenge Prevailing Law Regarding Dischargeability of Student Loans

A federal appellate case has the potential to make substantial changes to the way American bankruptcy courts handle student loans. Federal bankruptcy law does not allow courts to discharge student loan debt, unless the debtor can show that they and … Continue reading

Posted in Bankruptcy Law | Tagged , , , , , , , , | Leave a comment

How Can I Pay Off My Private Student Loans?

Part II:  What can people do when they have private student loan debt? Private loans don’t have any government programs like federal loans do – payments are not based upon income, there is no debt forgiveness and no protections for … Continue reading

Posted in Bankruptcy Law | Tagged , , | Leave a comment

Wells Fargo Agrees to Pay Penalty for Allegedly Misrepresenting Quality of Loans

Mortgage Fraud Blog. Wells Fargo Bank, N.A. and several of its affiliates (Wells Fargo) will pay a civil penalty of $2.09 billion under the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA) based on the bank’s alleged origination … Continue reading

Posted in Banking and Finance law | Tagged , , , , , , , | Leave a comment