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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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$1.9 Trillion COVID-19 Relief Bill Signed into Law by President Biden

President Biden has signed the $1.9 trillion COVID-19 stimulus bill into law. The bill includes many benefits such as: Providing $1,400 in direct payments for individuals who make up to $75,000 Distribution of $50 billion to small businesses A weekly federal boost of $300 to unemployment benefits $160 billion allocated to vaccine distribution efforts Link […]

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Definition of “Chapter 7 Discharge”

What is a Chapter 7 discharge? A Chapter 7 discharge occurs at the end of a Chapter 7 bankruptcy case. The court declares that your dischargeable debts are officially wiped out. This allows for the debtor to embark on a fresh financial start.  If you find yourself wrestling debt, and are unable to pay it […]

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Reasons Why Student Debt Cancellation Proves Crucial Amid COVID-19 Pandemic

Lawmakers have been pushing President Biden to forgive $50,000 in student debt per borrower. Many may respond to that fact by stating student borrowers have not been as detrimentally impacted by the ongoing pandemic as other demographic groups. However, numerous facts assert that those who hold student debt have actually been hit hardest by the […]

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