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” jobs, repaying a student loan was a short-term inconvenience that led to a better future.
Nowadays it’s not so simple. College is more expensive than ever, and we’re forced to use student loans to cover the majority of it. By the time we graduate, we’re looking at tens of thousands of dollars in debt.

Sometimes dealing with debt can feel like a shell game…you make a payment on one debt at the expense of making a payment or remaining current on another debt.  What are your options to resolve your debt while maintaining a balanced budget?  Learn more about your various options below. At Acclaim Legal Services debt resolution […]

1) Don’t Lie.

According to an article in the American Banker, by Rachel Witkowski ,  4/9/2015, The Consumer Financial Protection Bureau “CFPB” has filed a massive lawsuit against more than a dozen debt collectors, payment processors and related entities for failure to stop fraudulent collection tactics.  The case was filed in U.S.

Imagine the surprise of getting up in the morning and finding that your car has been repossessed. Even worse, you may have been in the process of getting a chapter 13 bankruptcy case filed or you might have been thinking about filing a chapter 13 bankruptcy case to repay the debt on the car that+ Read More

There are many reasons why a married couple may decide that only one spouse needs to file bankruptcy. The bankruptcy law allows a married person to file an individual bankruptcy but there will be some impact on the non-filing spouse.

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 a dangerous dance with the devil. With no federal programs to make repayment easier, private student loans can wreck you financially for years to come.
In this episode of The Student Loan Show we talk about the 4 things you should be doing before taking out a private student loan.

When you go past due on a credit card, the worst threat a creditor can make is that they will sue you.
If the creditor won’t work with you then there’s a good chance that lawsuit will show up at your doorstep one day.
Now you’ve got a real problem: instead of just getting collection calls and letters, you’re at risk of a judgment against you.
What do you do now? Is it too late to settle the credit card debt and make it go away?
If you’re organized and proactive, you can still settle the debt and avoid the judgment. Here are our best tips for making it happen.

According to Bloomberg News: Fannie Mae will begin bulk auctions of mortgages, including some sales targeted for non-profit groups and small investors, as Fannie Mae moves to reduce the number of non-performing loans on its books.