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Ask The Get Out of Debt Experts

Will the Government Come for My Social Security Over My Parent Plus Loan?

Businesswoman does the questions

Question: Dear Steve, As a single parent I was relieved to obtain a Parent Plus Loan, of which was far beyond my financial capacity. Now I look back on my single parent guilt, not realizing the predatory nature of this loan. What is the latest status on garnishment of Social Security for Parent Plus Loans? Is there any new legislation? ... Read More »

    Look How Different It is to Get Out of Debt in Scotland

    Eilean-Donan-Castle scotland

    Scotland remains very much a part of the United Kingdom, despite the prospect of becoming an independent country having been raised in earnest during the national referendum on the subject back in 2014. But even as part of the UK, Scotland is able to function as its own country in many respects and can often establish quite different ways of ... Read More »

      Will You Really Help to Fund My Debt Consolidation Loan?

      Handshake with Money Sign

      Question: Dear Steve, I have $40,000 in credit card debt (accruing interest) and about $10,000 currently on 0% promotions. Tried to consolidate via credit union or with Wells Fargo a several times over the years. They all declined for the same reason: too many high balances on revolving debt. Well duh, that is the point of getting a debt consolidation ... Read More »

        My Home is Being Sold in My Bankruptcy. Do I Have to Move Now?

        Contemplation and introspection are far better tools to deal with problem debt than knee-jerk bad solutions.

        Question: Dear Steve, Hello,I filed a chapter 7 in NH a month back and the trustee is selling the house to settle the estate (no mortgage involved, house is owned outright). I have been informed from my lawyer that she will receive $120k from homestead protection after the sale. The trustee wants me to move out within 45 days or ... Read More »

          I’m Being Chased in the UK for Debt From the UAE by Coyle White Devine

          fist

          “Dear Jon, Coyle and White have chased debt from the UAE and have served a charge on my property how can I get out of it and is it legal – it seems a common problem now this for UK citizens As above s it legal and how much do I pay or can I go into uk laws to ... Read More »

            Does My Mother With Cancer Have to Pay Taxes on Her Crowd Funding Campaign?

            Closeup portrait of handsome young man looking shocked surprised in disbelief with hands on face looking at you camera isolated on background. Positive human emotions facial expressions

            Question: Dear Steve, My mother was recently diagnosed with stage III cancer. She (nor any of us) does not have much money. Luckily, she has insurance, but it is income based. I want to a crowdfunding campaign to help her with finances, but I don’t want it to push her out of being eligible for insurance. It seems that things ... Read More »

              I Got a 1099-C From an Old Marriott Timeshare Debt

              hiding-1

              Question: Dear Steve, I received 2 1099-c in March. The first was for a Marriott Timeshare. The second was for a Credit card debt incurred in a business my husband had at the time. My husband and I are still married but have been separated for almost 2 years. I live in CA Last payments on this debts occurred in ... Read More »

                I Don’t Want to Pay My Private Student Loans Anymore

                On a white background little children express the delight of karate lessons

                Question: Dear Steve, Graduated 2011 from Houghton College. Lives in DC. Paying $600 a month for student loans. Read your article about the ten reasons to stop paying private student loans. I’m to a point where I don’t want to pay and its killing me. I’m still living with my parents because I cannot afford to move to a apartment ... Read More »

                  What Do You Know About the ITT Lawsuit?

                  kicked_in_the_nuts

                  Question: Dear Steve, ITT Tech graduate, associates of applied science in Graphic Design. Was told by school it was a prerequisite for game design. Program was dropped approx 1 month before graduation. Poor education. What do you know about this lawsuit? What do you know about this lawsuit against ITT. Too many scams out there nowadays. I was sent to ... Read More »

                    I Can’t Afford a Lawyer to Stop My Wage Garnishment in Kentucky

                    closeup of a gavel on cash, from above

                    Question: Dear Steve, I had a good paying job and was able to take out a loan to help reestablish my credit. They used a car of mine as collateral and placed a lien on it. I lost the good paying job and was unable to pay the monthly payments. I have a husband who does not have a job ... Read More »

                      Should I Get a Loan to Payoff My Parent Plus Loans?

                      Drowning swimmer

                      Question: Dear Steve, I am retired from one job after 31 years, with a pension and aprox.$90,000 in parent plus loan debt. I have not consolidated it but wonder if it’s time. I am paying the lowest amount allowed and am job hunting. I viewed the video by the other debt adviser which is why I’m asking you. Would a ... Read More »

                        A Debt Collector is Chasing Me in Texas Over an Old American Express Bill

                        Drowning swimmer

                        Question: Dear Steve, Got an American Express card back in 2007 (I think). Got divorced, hadn’t worked in 20 years. Tried to open a restaurant lost all my money, couldn’t find a job, found one in 2013 part time. Finally found full time but I’m still not making enough money to pay off this debt. I was making payments for ... Read More »

                          Can I Payoff My Student Loan With Home Equity?

                          qa7

                          Question: Dear Steve, Took student loan for 2500, wasn’t able to pay so it piled up over fees and interest and is now 10k. How can I just pay it off at once and not have to pay the fees. I can put it on my home equity. I think I have enough. Josh Answer: Dear Josh, There is nothing ... Read More »

                            Is US Hardship Group Too Good to Be True? – Marie

                            Beautiful woman with question bubble

                            Question: Dear Steve, I’m a believer that if it seems too good to be true, it’s usually not true. But because I am a co-signer to a large student loan, I thought I would run this letter past you. It seems like a scam, but I’d like a second opinion. I’ve attached the letter. Is the attached letter a scam? ... Read More »

                              What Can I Do When I’m Being Sued by a Debt Collector

                              Salesman

                              Question: Dear Steve, I’m being sued by a debt collector for a recent charged off credit card debt. I only work part time and I’m struggling financially, thus the reason why I stopped paying my credit card bill. I simply didn’t have the money to pay it. Now I’m being sued. At least, that’s what I think its going to ... Read More »

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