by CEF | Feb 23, 2017 | CFPB, General, Student Loans
Many people have student loans and rely on the servicers to process their payments and deal with them fairly when it comes to negotiating any repayment terms. But the Consumer Financial Protection Bureau has shown us that we need to question everything when it comes...
by CEF | Jan 11, 2017 | CFPB, General, Seniors, Student Loans
On January 5, 2017, the Consumer Financial Protection Bureau (“CFPB”) released a report on the complaints from older student loan borrowers about the servicing practices of the lenders. According to the report, older borrowers who are struggling to make...
by CEF | Dec 29, 2016 | Chapter 13, Chapter 7, General, Student Loans
The Wall Street Journal recently published an article concerning bankruptcy and student loan debt that shows there may be a glimmer of hope for dischargeability of a small slice of student loan debt. As we all know, student loans are not dischargeable in bankruptcy...
by CEF | Dec 28, 2016 | General, Student Loans
According to the US Department of Education, in 2016 borrowers were holding $74.5 billion — yes, billion — in PLUS loans to pay for their children’s college education. The College Board says that the annual parent PLUS loan volume increased nearly...
by CEF | Dec 23, 2016 | Chapter 13, Chapter 7, Student Loans
Student loans for seniors — I’m not talking about high school seniors — I mean senior citizens. Surprisingly, Americans 60 and older still owe billions in student loans. A percentage of these loans are delinquent, which means senior citizens are...
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