Legal Articles, Collection
Student Loans: Colleges Producing Highest Amounts of Debt
While students carry the burden of student loans from an assortment of learning institutions around the US, recent news highlighted the top ten colleges with students carrying the highest balances owed to student loan servicers.
4 things you should know on business bankruptcy
Thinking about bankruptcy? This short guide will provide you with crucial information that will help you determine when is the right time for bankruptcy, what are the different options, what it is like to go through the process and what is the result of bankruptcy.
Court Judgments: Are they Really Final?
As the bills pile up and debt collections activities escalate, consumers may find themselves searching for options in the face of collections lawsuits or judgments. With the help of a good debt protection attorney, you may be able to cut these actions off.
Student Loan Debt Topics: Numbers Show Decline in College Enrollments
Typical life milestones are now being delayed for many student loan borrowers as they struggle to get their money issues under control.
Consumer Debt Load Outpacing the US Economy
Recent numbers, provided by the Federal Reserve, show that the number of debt consumers accruing is not in line with economic growth.
Student Loan Borrowers Take Out Larger Sums for Private Colleges
Student loan borrowers are often held responsible for making payments of over $350 a month, not only straining budgets but also straining marriages to the point of divorce.
Serious Court Judgments: It Can Be Much Worse Than You Imagined
A default judgment is a problem for most due to the potential for wage garnishments of up to 25 percent of disposable income, levying of bank accounts, and seizure of property.
Chief Student Loan Watchdog Resigns
There may be further worries on the student loan debt front as recent news announces the resignation of Seth Frotman, student loan ombudsman at the Consumer Financial Protection Bureau.
Default Judgments: A Matter Far Serious Than Your Credit Report
You may not have a lot of notice regarding a default judgment, and it can be quite a shock to try to go through the grocery checkout line only to discover your funds have been frozen.
Jackman v. Account Specialists
State law (since statehood) required husband to be responsible for medical bills of wife. Court of appeals found the statute to be unconstitutional. As a result, the next legislative secession, the law was changed to make both spouses responsible for the medical debts or necessities of the other spouse.
