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Home > Author Archives: Steve Rhode (page 32)

Author Archives: Steve Rhode

I Have a Consolidated Parent PLUS Loan I Need to Find Relief For


“Dear Steve, I have a consolidated federal parent plus loan for my daughter in the amount of 29k. I have been paying for 7 years is there any relief for me anywhere? I am 61 years of age. Elaine” Dear Elaine, There is so much unknown from your question. Please feel free to post updates in the comments below. If ... Read More »

    Mortgage Scams Take Minutes to Nab Consumer But Years to Unwind


    I received an update on a case where a receiver had been appointed to liquidate a scam mortgage relief group and provide restitution to consumers. This goes all the way back to a 2011 action by the California Attorney General against companies selling “Mass Joinder” mortgage elimination. The pitch seemed like an instantly addictive drug to suffering consumers. They were ... Read More »

      If You Used Your Private Student Loans for Stuff Other Than Tuition, Read This

      Attractive red-haired female reading a manual before do-it-yours

      “Dear Steve, I have both private and federal student loans. My private loans make up about 3/4 of my student loan debt which is around $36k. I fell for the whole, “wait until you graduate to deal with your loans” advice my school and others gave me. I definitely regret that now!! I saw in an article today that you ... Read More »

        We Are Moving Out of America. Can We Just Leave Our Student Loans Behind? – Anouck

        netherland fields

        “Dear Steve, I’m a Dutch citizen, my husband is a US citizen. He has federal student loans on his own (approx. $20K), and I co-signed for his private student loan with Sallie Mae (aka The Devil) for about $40K. We have filed for Chapter 13 and are currently not making payments. We are planning on moving to the Netherlands (most ... Read More »

          Can the Statute of Limiations Make My Sallie Mae Student Loans Go Away?


          “Dear Steve, I have three Sallie Mae loans, all of which have gained interest in the past eight years. When I first went off to college I was very uneducated about student loans. Now, I wish I had better educated myself. I am scared to death of Sallie Mae because everyone I know that owes Sallie Mae has had their ... Read More »

            I’m So Stressed Being a Sallie Mae Cosigner. I Want to Be Removed. – Ronda

            Mature woman confused

            “Dear Steve, I co-signed student loan for my son, who has graduated from college, but is not working, cannot pay the loan…I am on Social Security, and the stress is killing me. Is there any possible way to get me out of this? What needs to happen to get me removed as a co-signer. How to get out of a ... Read More »

              I’m So Far in Student Loan Debt There is No Hope for Me. – Adam

              upset young man

              “Dear Steve, I have private student loans as well as federal ones, but they gave me the loans without cosigners and the interest rates have basically made it so, despite making payments, the principal hasn’t gone down. At this point, I can’t afford to repay them all, have defaulted a few, and can barely afford the necessities needed to live. ... Read More »

                I’m in an Administrative Wage Garnishment. How Can I Consolidate My Student Loans? – Tina


                “Dear Steve, My wages are garnished for a defaulted student loan. I read your post about consolidating and getting on a reduced payment plan (IBR). I have tried this with my federal student loan agency and they will not allow me to do this. Their response is that I cannot consolidate while I am in administrative wage garnishment. They insist ... Read More »

                  Complete Financial Solutions Mailer Goes to the Dogs


                  An amazing reader sent in one of the more unusual debt relief mailers I’ve ever seen through my I Buy Junk Mail program. Gary Jones from JW Financial Insights has apparently sent out a very odd mailer to people to promote something. The envelope appears to be very generic with a note attached. Inside the envelope the reader received what ... Read More »

                    Colorado Moves to Lower Debt Settlement Fees


                    A reader forwarded me a copy of this document from the State of Colorado regarding debt settlement. It contains some interesting sections. For example there is this one. Recommendation 2 – Limit settlement fees to 15 percent of the debt forgiven from a completed settlement. “A Settlement Provider negotiates with a creditor to convince it to forgive a portion of ... Read More »

                      Is This the Same Tim Daniels That Settled With the FTC?

                      Google Map street view of 9145 Narcoossee Road,  Orlando, Florida 32827

                      A reader sent in an email and said a Tim Daniels was running Student Help Network at So the first thought to come to mind was, “Who the hell is Tim Daniels?” Figuring the reader sent me the email I thought it must be about someone I’ve written about before. Otherwise, the email really made no sense, at all. ... Read More »

                        Benjamin Moskel: Why Do People Think You Are a Fat Ass Gambler?


                        Over the years I’ve seen a hell of a lot of strange links to this site. The most bizarre was some porn site that linked to me as the best get out of debt site. Ah, thanks? I don’t know why people link. But some recent links have to be some of the strangest links I’ve seen. Apparently someone is ... Read More »

                          Student Debt Solutions Scares the Hell Out of This Consumer


                          Yesterday I received a call from Matt, a friend, who said he just received a very disturbing call from someone who identified himself as Agent Raymond with the Department of Education. Matt said the call really rattled him and was frightening. Matt said Agent Raymond even gave Matt his badge number. I’ll let Matt tell you what his impression was ... Read More »

                            DA’s Office Wants to Give Money Back to Debt Free Associates Clients

                            Screen Shot 2014-10-27 at 10.54.48 PM

                            I was contacted by the Monterey County DA’s Office in California who said they had recently settled a case with Debt Free Associates. As part of that settlement Debt Free Associates was to refund consumers but not a lot of people were coming forward to claim the funds owed them. Some felt it was a scam. The DA’s office asked ... Read More »

                              Mortgage Relief Marketers Now a Half Million Dollars Lighter


                              A federal district court in Southern California has ordered a judgment of nearly $515,000 against Mark Nagy Atalla, a defendant in a 2013 Federal Trade Commission action targeting deceptive mortgage and debt relief pitches. The court imposed the judgment after finding Atalla had hid assets and misrepresented his financial condition to the agency. The judgment originally was suspended in Atalla’s ... Read More »

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