Biden Calls for Forgiveness of $10,000 in Student Debt per Borrower

President-elect Joe Biden plans to forgive $10,000 in student debt per borrower, in a legislation separate from the newly unveiled $1.9 trillion stimulus package. There have been many calls for loan forgiveness due to the devastating financial impacts of the ongoing pandemic. Throughout the course of the pandemic, approximately 90 percent of federal student loan […]

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Another Round of Stimulus Coming

President Donald Trump has officially signed the new $900 billion COVID-19 economic relief package, leading to another round of stimulus checks being granted to millions of Americans. The package calls for $600 stimulus checks per person, but Trump is advocating for the amount to be raised to $2,000 per person. At this point however, according […]

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Things to Avoid When Filing Chapter 7 Bankruptcy

If you are considering filing for Chapter 7 Bankruptcy, there are numerous mistakes you need to avoid before and during the process. Before filing, things that should be avoided include favoring certain creditors over others, unnecessary credit card purchases and depositing unusually large amounts of money into your bank account. After filing, mistakes you must […]

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Filing Chapter 7 Bankruptcy

Due to the wide-reaching effects bankruptcy has on your legal and financial future, it is important you receive the help of a knowledgeable attorney when filing Chapter 7 bankruptcy.  According to the official website of the United States courts, there are many reasons why the assistance of an attorney is paramount when filing bankruptcy. An […]

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CARES Act Extends Student Loan Payments

Due to the CARES Act, a coronavirus relief initiative, borrowers have not had to repay their student loans since March. As the December 31 expiration of this pause of collections has been approaching, many borrowers have faced uncertainty. About 41 million borrowers had no way of knowing if the CARES Act legislation would be extended. Recently […]

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