Los Angeles Loses Discriminatory Lending Lawsuit To Bank of America

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In the battle between one of America’s largest cities and one of America’s largest banks, the money reigns supreme. At least, that’s what a federal judge in Los Angeles thinks.

On May 15, 2015 A federal […]

Mortgage Delinquencies Fall To Lowest Level Since 2007

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The TransUnion Industry Insights Report, released on Monday, May 18, 2015, reveals that the rate of borrowers 60 days or more delinquent on their mortgages declined to 2.95% in the first three months of 2015 […]

Supreme Court To Chapter 13 Trustees: Give Back The Money!

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On May 18, 2015 the U.S. Supreme Court unanimously held that a debtor who converts to Chapter 7 is entitled to return of any postpetition wages not yet distributed by the Chapter 13 trustee.

The Court, […]

SEC Files Fraud Charges Against For-Profit College Operator ITT

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On May 12, 2015 the US Securities and Exchange Commission announced that it had filed fraud charges against ITT Educational Services Inc., its chief executive officer Kevin Modany, and its chief financial officer Daniel Fitzpatrick.

According […]

When Is A Student Loan Not A Student Loan?

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Joel Nunez had a problem – he owed $120,000 in private student loans for a flight school.

Even worse, he hadn’t finished his education. Left in dire financial straits, he went to a bankruptcy lawyer.

You’re probably […]

What if You Can’t Pay Your Student Loans?

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Recently I was invited to join a panel of some of the leading personal finance voices on the Money Mastermind Show.

The show, a weekly roundtable on personal finance issues, centered around student loan options. I […]

Are Student Loan Lawyers Worth The Money?

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When I tell people that I’m a student loan lawyer, I usually get a strange look. That’s followed by something like, “I didn’t think you could do anything about student loans.”

It’s as if people are […]

What Happens When You Default On Federal Student Loans

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Falling behind on your federal student loans is like walking down a long, dark hallway.

You have no idea where you’re headed, and there’s no way to know what’s in your way.

Today’s episode of The Student […]

The Modern Rules of Student Loan Repayment

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Years ago, student loans were easier to deal with.

You graduated, got a job, and paid off your loans in 10 years – sooner, if you got a good enough job.

But even for people with “normal” […]

Do These 4 Things Before Taking Private Student Loans

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Paying for college has never been tougher.

When it comes to figuring out how to come up with tuition, you may be tempted to take on a private student loan.

It’s quick and easy, but it’s also […]