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Year: 2014

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Bankruptcy & Student Loan Relief

WILL DETROIT MAKE IT AFTER BANKRUPTCY?

July 24, 2014March 30, 2023 Mike Shovan

As reported on mlive by Mike Wilkinson of Bridge Magazine, serious questions remain as to whether Detroit will be able to survive its historic Chapter

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If a Creditor files a Claim against a Time Barred Debt, Is there a Violation of the Fair Debt Collection Practices Act?

July 12, 2014July 12, 2014 Mike Shovan

Yes – According to at least one US Circuit Court in a recent opinion. As reported by Robin Miller of CBAR, in an important decision

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The Sale of the Art Works held by the Detroit Institute of Arts Could Bring Less Than Half Collection’s Value

July 10, 2014 Mike Shovan

As blogged by the American Bankruptcy Institute and reported by Reuters, art expert Michael Plummer was hired by the Detroit Institute of Arts to evaluate

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Discharge Student Loans

How Do the New US Department of Education Rules Affect the Loan Rehabilitation Program for FFEL and Direct Student Loans?

July 6, 2014March 30, 2023 Mike Shovan

The new rehabilitation rules affect both FFEL and Direct Loans, including: 1. Direct Loan rehabilitation now requires a written agreement (this was true of FFEL

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How Do I Get Information About My Mortgage in Michigan?

July 5, 2014 Mike Shovan

The Real Estate Settlement Procedures Act (“RESPA”) is a federal law that give you the right to get information about your mortgage loan through a

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Bankruptcy & Student Loan Relief

Bankruptcy Filings Fall 12 Percent for the First Half of 2014

July 5, 2014March 30, 2023 Mike Shovan

As reported by the ABI, total bankruptcy filings totaled 479,362 nationwide during the first six months of 2014 (Jan. 1-June 30), a 12 percent decrease

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Discharge Student Loans

Who is Eligible to Participate in Public Service Loan Foregiveness?

July 2, 2014March 30, 2023 Mike Shovan

Public Service Loan Forgiveness is a federal program that eliminates or forgives federal student loans for specific borrowers. You must be employed full time in

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