Student Loan Forgiveness

Critics of student loan forgiveness widely assert that the policy would mostly benefit individuals who are financially well-off. This assumption is made with reasoning that attending college leads to higher earnings. However, new research refutes this assumption. According to a recent study, that “the biggest benefits of cancelling student debt would go to those with […]

read More

Ensure You Are Not a Victim of Lender Misconduct

If you face foreclosure, it could very well be due to a lender error. Even if you do not believe your lender has made a mistake, it is important to talk to an experienced lawyer. In many instances, a borrower may overlook a lender error, as borrowers are often not informed of their rights. There […]

read More

Chapter 7 Bankruptcy Case

What is the “341 meeting of creditors” that occurs during your Chapter 7 bankruptcy case? The 341 meeting of creditors is a hearing, where you are put under oath by the bankruptcy trustee. You are required to verify your identity, and answer questions pertaining to your bankruptcy petition. The aim of the meeting is the […]

read More

Mortgage Complaints in 2021

According to a report by the Consumer Financial Protection Bureau (CFPB) there have been more mortgage complaints this year than there have been in three years. In March 2021, there were more than 3,400 complaints. This is the most amount of monthly mortgage complaints that have been issued since April 2018. Owning a home is […]

read More

Student Loans Prove as a Serious Stressor

There has been a freeze on student loan payments since March 2020. However, student loan debt still has not failed to wreak havoc on the mental health of borrowers.  In a new survey by Student Loan Planner, “1 in 4 respondents had suicidal ideation at some point due to student loan debt” and “1 in […]

read More

What Is a Bankruptcy Trustee?

A bankruptcy trustee is a court appointed individual, in charge of ensuring maximal assets are distributed to the debtor’s creditors.  The trustee analyzes the debtor’s bankruptcy petition, in order to ensure the financial details included in the petition are accurate. The trustee conducts a hearing while the debtor is under oath, as the trustee asks […]

read More

President Biden Considers Cancellation of Student Loan Debt

President Biden has asked Education Secretary Miguel Cardona to look into the president’s ability to cancel up to $50,000 in student loan debt through executive action.  The cost of attending college has risen significantly in recent decades, making the aid of student loans a necessity for a great number of individuals.  According to an analysis […]

read More

Biden Cancels $1 Billion Worth of Student Loan Debt

President Biden has cancelled $1 billion in student loan debt, but who is eligible? The Biden administration will be forgiving student loan debt of individuals whose schools have engaged in misconduct or “misleading” practices. This will apply to approximately 72,000 borrowers.  Education Secretary Miguel Cardona states, “Borrowers deserve a simplified and fair path to relief […]

read More

Foreclosure in Wisconsin

The foreclosure process differs from state to state. View details about the Wisconsin foreclosure process and laws here. If you are facing foreclosure, you must contact Adrian Consumer Law. Attorney Amanda Adrian will effectively inform you of your rights, and maximize the chances that your home is saved. Multiple strategies can be utilized in order […]

read More