Category Archives: Student Loan Debt Relief

Yes, It IS Possible to Undo a Default Judgment!

The caller on the other end of the line had a question: “Can you do anything about a default judgment?” “Of course you can,” I responded. “It’s called a motion to vacate or set aside a default judgment, and I file them all the time.” The caller explained that he had just spoken to two…

Why You Should Get Student Loans Out of Default

A person once asked me why he should get his student loans out of default. He could live with the amount being garnished from his paycheck, and he figured he had to pay the loans anyway. The problem is he wasn’t only paying the loan. By allowing the collection agency to collect while in default,…

Stop the Collection Calls

Some folks in the San Francisco Bay Area are surprised to get multiple telephone calls in one day from debt collectors in other parts of the country, including from other time zones. It’s extremely annoying to be harassed with multiple calls, repeatedly having to explain that the debt isn’t yours (mistaken identity or you’re a…

Your Rights in Dealing with Debt Collectors

Whether your debt is student loans, credit cards or medical bills, you have the right to be treated with dignity and respect. Both Federal law and California law regulate how debt collectors may deal with you in trying to collect consumer debt. Even if you owe a debt and are unable to pay it, you…

Are My Student Loans Private or Federally-Guaranteed?

Many people who call us have questions about their student loans and repayment programs but they don’t yet know which of their loans are private bank loans and which are federally guaranteed. The best way to find out is to go to the National Student Loan Data System website¬†(NSLDS) provided by the U.S. Department of…

Can I Be Sued for Not Paying a Student Loan?

When it comes to student loan debt, borrowers are used to being told that their wages can be garnished if the loan goes into default. This is true if the educational loan is federally guaranteed. ¬†It’s called an Administrative Wage Garnishment, and the Department of Education can go straight to your employer and start collecting…

Protecting Against Default Judgments

Has a debt collector contacted you and asked how you are going to pay a debt, and then informed you that the creditor already has a judgment against you? This sometimes happens if you were served papers but never filed a written response. It’s also possible that you never knew about the lawsuit because the…

What Repayment Plans are Available for your Student Loans?

If you aren’t able to make your current student loan payments, or if you won’t be able to very soon, there are various repayment plans offered by the Department of Education. For an IBR Calculator, click here. Why do you need a lawyer? Because the debt collector who keeps calling you or your loan servicer…

Top 5 Reasons that Student Loans should be Dischargeable in Bankruptcy

what obama should do for student loan debt relief

President Obama’s executive order with regard to student loan debt relief doesn’t go far enough. Here are five reasons why the President and the Congress should go further: 1. Even the IRS Doesn’t Get the Protection that the Student Loan Creditors Enjoy. When most people think of a creditor that is going to get its…

What is Pay As You Earn (“PAYE”) ?

obama executive order on student loans

On October 26, 2011, President Obama gave a speech in which he announced that he would be implementing a new Student Loan Relief Program. There is understandably some confusion about what this actually means. Here’s what it is: President Obama signed an executive order which modifies the features of the existing Income-Based Repayment (IBR) Program,…

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