Use The Student Loan Relief Act To Help Get Out Of Student Loan Default Student Loan Relief Extended Through End of 2020 In an August 21, 2020 press release by the US Department of Education, it was announced that President Trump’s August 8, 2020 Presidential Memorandum to extend student loan debt relief was fully implemented …
How To Use The Student Loan Relief Act to Help Get Out Of Student Loan Default Read More »
Bipartisan legislation in the Senate (S. 1414) and House (H.R. 2648) may restore the ability for student loan debt to be dischargeable in Bankruptcy, known as The Student Borrower Bankruptcy Protection Act of 2019. Discharging student loan debt under current bankruptcy law While not impossible in some cases, it is currently very difficult to have …
Soon Student Loan Debt May Be Dischargeable in Bankruptcy Read More »
Financial Troubles & Senior Debt in Ohio I have recently come across an article in the New York Times which discusses bankruptcy, retirement, and the financial troubles currently being faced by older Americans. This has me thinking about the reality of the financial troubles and senior debt much of our aging population is currently facing, …
Bankruptcy, Retirement And Senior Aged Americans Facing Financial Troubles Read More »
Stricter matching requirements of public records to consumer credit files could mean higher credit score for some consumers. These new requirements will likely help consumers by preventing erroneous data from appearing on credit files from public records. Additionally, it could help with higher credit scores of some by omitting some civil judgments or tax liens …
Will I Be Able To Keep Retirement Account By Filing Bankruptcy in Columbus, Ohio? The topic of retirement accounts is often very important when determining how to handle financial problems. Bankruptcy clients often ask “will I be able to keep retirements accounts by filing bankruptcy in Columbus, Ohio?” Retirement Accounts are Protected in Bankruptcy The decision …
Keep Retirement Accounts by Filing Bankruptcy in Columbus, Ohio Read More »
If you have had your Ohio Drivers’ License suspended, you may have found out that there are reinstatement fees which are required in order to get you legally back on the road. The reinstatement fees can be quite high, and can vary based on factors such as the type of offense, amount of time which …
I Can’t Afford Ohio Drivers’ License Reinstatement Fees, Can Bankruptcy Help? Read More »
Going deeper into debt before filing bankruptcy As a Columbus, Ohio Bankruptcy Attorney, I consistently see people who are facing debt problems putting themselves into a worse situation by not considering all options. This includes getting deeper into debt before considering filing for bankruptcy protection. This can lead to added stress, maxing out credit cards, …
Not Talking to a Bankruptcy Lawyer is a Costly Mistake Read More »
8-30-2016 Yesterday I had the opportunity to participate in a community event called “The Big Table”. This event was sponsored by the Columbus Foundation. The Columbus Foundation is a philanthropic advisor, helping through effective charitable giving. Approximately 5000 random Central Ohio residents, mixed in with government officials and various non profit organizations, sat down in …
Chapter 13 Debt Reorganization Plan Chapter 13 bankruptcy is a Debt Reorganization Plan. It is like throwing all of your debt into a box, and then it’s paid out to one person, known as a Chapter 13 Trustee, who disburses your payments. There are several benefits of filing Chapter 13 bankruptcy. A common debt relief …
Benefits of Chapter 13 Bankruptcy Over Chapter 7 in Ohio Read More »
While credit card debt is trending down, student loan debt has been on the rise since 2004 and in 2012 had almost tripled1. Many have referred to the impending financial crisis as the student loan bubble. However unlike the housing bubble the Federal Government is still making money on these student loans. They are becoming …
