Student Loan Borrower in Your 60s

Out of all the age groups, borrowers that are 62 years and older have the least amount of student loan debt, with an average debt of $30,000 plus. However, this is still a substantial amount of debt. Additionally, as they have had years of interest accruing, it becomes increasingly harder to pay off their debt. […]

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Extension of the Foreclosure Moratorium

The Federal Housing Administration has announced an extension of the foreclosure moratorium, through September 30. This is a promising decision when it comes to struggling homeowners receiving the financial help they need. If you feel as if you cannot pay your mortgage, many questions may be ruminating in your mind. What happens when you exit […]

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Chapter 7 Bankruptcy Cases

Debts that cannot be discharged in a Chapter 7 bankruptcy case include: -Child support and alimony -Student loans (with some rare exceptions) -Certain taxes -Debts for personal injury case caused by debtor operating a vehicle while under the influence of any substance -Debts to government agencies for penalties and fines -Debts that you did not […]

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Student Loan Discharge Eligibility

If your school closes before you are able to graduate, will your loans be discharged? If you apply to get a discharge under these circumstances, and you meet certain eligibility requirements, then your loans may be discharged. View more information about eligibility criteria here. If you are unsure if you are eligible for a closed […]

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