In 2018, Education Secretary Betsy DeVos hired Jeff Courtney, a former JP Morgan executive, to do a...
Latest Posts
Student Loan Assistance Groups Hit With Millions in Judgments
In January of 2020 the Consumer Financial Protection Bureau (CFPB) went after Chou Team Realty...
Is an Online College Education Even Worth It?
In olden times, college students took classes in the ivy-covered halls of universities. Male...
Consumers Affected by Credit Card Interest Rate Reduction Scam...
The Federal Trade Commission is sending full refunds totaling more than $11 million to consumers...
Ask the Get Out of Debt Guy
The Quiet End of Equitable Acceptance Funding Student Loan...
Yesterday the Court granted preliminary approval of a class action settlement against Defendants...
Am I Being Scammed by Coast Processing with Litigation Practice...
Question: Dear Steve, I have been making payments to Coast Processing with Litigation Practice...
I Got a 1099-C But Debt Collectors Are Still Pursuing Me for It
Question: Dear Steve, I have credit card debt and have received a 1099-C indicating that the...
A 1099-C was Issued to Me But I Was Not a Party to the Loan
Question: Dear Steve, Is it lawful for a creditor to issue a 1099-c to a non-debtor spouse? The...
Debt Articles
Bankrupt Federal Student Loan Program to Lose $500 Million
In 2018, Education Secretary Betsy DeVos hired Jeff Courtney, a former JP Morgan executive, to do a...
Student Loan Assistance Groups Hit With Millions in Judgments
In January of 2020 the Consumer Financial Protection Bureau (CFPB) went after Chou Team Realty...
Is an Online College Education Even Worth It?
In olden times, college students took classes in the ivy-covered halls of universities. Male...
Consumers Affected by Credit Card Interest Rate Reduction Scam...
The Federal Trade Commission is sending full refunds totaling more than $11 million to consumers...
Debt Relief Industry
The Wife of Jeremy Marcus Loses Appeal and Commission
Amanda Finley tried her best to keep her real estate commission from selling her husband, Jeremy...
War of Many Words Between GM Law Firm and Others and Attorney...
Don’t be shocked, but when it comes to the debt relief industry, it can get very nasty, very...
Jay Singh and American Financial Support Services End With a...
American Financial Support Services (AFSS) was one of the companies that were sucked up in the...
Put a Fork in NASCO Suit Against the CFPB
It appears the suit filed by the National Association of Credit Services Organizations (NASCO)...
Student Loan Bankruptcy Discharge
Bankruptcy Judge – “This Student Loan Case Fits the...
In Goodvin v. Educational Credit Management Corporation, Judge Dale Somers, a Kansas bankruptcy...
Do I Have to Include My Tax Return in My Adversary Proceeding?
Question: I am currently pursuing an adversary proceeding on student loans against the DOE, and...
Bankruptcy Judges Eliminates Federal Student Loans Without IDR...
Seth Koeut was born in Cambodia and came to the United States as a child. Like many immigrants, he...
A Bankruptcy Court Eliminates Grandmother’s Student Loans
Between 2006 and 2015, Jamie Mudd took out 41 student loans to attend Heald College, a for-profit...
Student Loan Rescue or Assistance
CFPB Hits Unlawful Student Loan Debt-Relief Scheme
The Consumer Financial Protection Bureau (CFPB) today sued a student loan debt relief company, its...
Are the Scammers Now Getting Scammed?
American Financial Support Services was shutdown for bad acts by the Federal Trade Commission. They...
You Thought it Was Over. It’s Not Over with CFPB and...
Back in May the Consumer Financial Protection Bureau (CFPB) entered a stipulated final judgment and...
Student Loan Relief Operation Owes $107 Million to Consumers But...
It appears Premier Student Loan Center has come to an agreement with the Consumer Financial...
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Learning to Pay Yourself First
Exactly what does it mean to pay yourself first? Overall, it means that your top priority should be...
The Most Popular Cities for Gen Z Homebuyers
Some Gen Zers are looking to buy homes Despite the ongoing economic turmoil wrought by the COVID-19...
Have 30 Minutes? Here’s How You Can Save Thousands
We all want to make more money While most of us have our own personal and specific financial goals...
The WORST Financial Advice of 2020
This year has been rough. And to make matters worse, some of the financial advice given out during...
Scam Alert
Nationwide Equities Reverse Mortgages Misled Older Borrowers
The Consumer Financial Protection Bureau (CFPB) today took action against Nationwide Equities...
Stark Law Phantom Debt Scheme Results in Checks Sent to Consumers
It took a long time but an Illinois company, Stark Law, is finally repaying consumers some money...
Student Loan Debt a Factor in Woman Robbing Parent Teacher Group?
An Arizona woman, who was also a cafeteria cook at Monte Vista Elementry School in Arizona was...
I’m as Sick of Hearing About Sanctuary Belize as You Are
The entire episode with the former debt relief guys from the Sanctuary Belize action by the FTC is...