Today Damon Day and I get stupidly silly laughing and complaining about the ridiculousness of the Public Service Loan Forgiveness program that was intended to forgive student loans for firefighters, police officers, teachers, low-income lawyers, military service members, and more. The PSLF program has turned into a disgrace with more than 98% of people apply … Read more
Question I happily stumbled across your website and need some advice. I lived in Wales and England for about 8 years and moved back to the United States last year when the pandemic began. I am a US citizen and had been living in England as a spouse of a British man, and when the … Read more
I bought a Subaru in 2019, and the company promised to make a $250 donation to one of four Subaru-selected charities. Subaru calls this program “Share the Love.” As I recall, I selected Meals on Wheels, and I was glad to have Subaru donate some money to that worthy charity on my behalf. Nevertheless, I … Read more
This is up roughly 41% from June last year when foreclosure activity remained at an exceptionally low level due to the pandemic-related moratorium on foreclosures. The Biden administration’s final extension of the moratorium ends on July 31, 2021. (Note: The deadline to request mortgage payment forbearance has also been extended to September 30, 2021.) It … Read more
Question: Dear Steve, I was scammed by Prime Solutions for over $10,000. I only found out when I received a letter to appear in court for not paying off the debt. Can I ever get back the money I lost? How? Susan Answer: Dear Susan, It appears that Prime Solutions has appeared on the site … Read more
In this podcast, Damon Day and I talk about why debt validation isn’t really the magic solution some companies try to sell to consumers. There is much more to know about debt validation before you just leap at the incredible sales pitch. If you think debt validation is the way you’d like to take care … Read more
Martha Standish took out student loans when she was in her late 40s to get an undergraduate degree in accounting. Later she took out a Parent Plus Loan to help her daughter with college expenses. Eleven years after graduating, Standish filed an adversary proceeding in a Kansas bankruptcy court seeking to discharge about $30,000 in … Read more
Question Jon, I currently live in America, but hold dual citizenship in both the US and UK. I am serious debt here in the US as a restaurant I started 5 years ago is looking at bankruptcy and liquidation here in the US. My question is I am considering moving back to the UK and … Read more
A reader just submitted a scam report against a company named Capital Management Corp. The company charged the consumer $1,000 and said they could recover money he had won in a small claims lawsuit. It sure feels like a lot of red flags are waving on this one. A quick check of California records shows … Read more
Consumer Statement: I was contacted by Benjamin, Chase & Associates stating they could get money owed me from a small claim I won. they checked into the info I sent them and stated they would get the money with no trouble. They stated they would need money to get my money. which should have thrown … Read more
On this podcast Damon Day and I focused on reduced mortgage payments for people behind on their federally backed mortgage loans after Covid forbearance ends, why it is so easy to make bad emotional decisions, and adios to FedLoan Servicing. Steve Rhode Get Out of Debt Guy GetOutOfDebt.org Transcript Steve Rhode: [00:00:00] So I just … Read more
A reader sent me a mailer they received from Bruins Capital for a Debt Consolidation Loan. The consumer said, “I fell for the one with Bruins Capital. They redirected me to another service, and then I filled an online form, and Strategic Consulting called with an offer to pay off all debt at a reduced … Read more
Question Hi and thanks for this forum and way to get some answers. I am a British citizen who has lived in the USA for many years. I recently moved back to the UK and am not earning the same income as I had in America. I had a few debts in America and can … Read more
A California-licensed homeopathic doctor was arrested recently for her alleged scheme to sell homeoprophylaxis immunization pellets and to falsify COVID-19 vaccination cards by making it appear that customers had received the U.S. Food and Drug Administration (FDA) authorized Moderna vaccine. Juli A. Mazi, 41, of Napa, is charged with one count of wire fraud and … Read more
Consumer Statement: I joined the Start New Financial debt relief program last year. Paid a total of over $6000. Then in June, the debtor contacted me directly to settle for significantly less. I called Start New to ask if I’ll be refunded ALL of the money I’ve paid into the program if I canceled it … Read more