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Bankruptcy & Student Loan Relief

Detroit Appellants Ask the Court of Appeals to Suspend Appeals Pending the Confirmation of the Chapter 9 Plan

August 3, 2014March 30, 2023 Mike Shovan

Reuter’s reported that a federal court was asked to suspend seven pending appeals over Detroit’s eligibility for bankruptcy until the bankruptcy confirmation plan is confirmed

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Discharge Student Loans

Finally: The Feds Announce Rules to Make Colleges Tell the Truth About Student Loans!!!

July 29, 2014March 30, 2023 Mike Shovan

New federal rules that penalize colleges for excessive student loan defaults offer a powerful incentive for schools to educate students on the complexities of the

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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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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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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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Bankruptcy & Student Loan Relief

“Cash Only” Advice is Dead Wrong – Even After You File for Bankruptcy in Michigan?

June 29, 2014March 30, 2023 Mike Shovan

By Philip Tirone of 720creditscore.com. Many so-called experts say that you should adopt a cash-only policy and ignore credit cards. But here’s the truth… They are

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