Will I Go Before a Judge Before My Wages Are Garnished for Student Loans? – Rose

“Dear Steve, I filed for bankruptcy in 2009 and was discharged in June 2009. I owe approximately $60,000 in student loans that were all accrued before bankruptcy. Naturally, none of these were included in the bankruptcy. It took about 2 years to find gainful employment, and during that time I tried desperately to have my …

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Law School Grads Become Hopeless Economic Slaves to Their Student Loans and Poor Opportunities

Remember all those people that wanted to go to law school to make a ton of money, and help people as well. The way it looks now the trend in lawyers being able to find jobs is slipping. Paul Campos, a Professor of Law at the University of Colorado says that only one in three …

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For-Profit Schools Donate to Lawmakers Opposing New Financial Aid Rules

by Sharona Coutts, ProPublica Between 2005 and the beginning of this year, Rep. Donald M. Payne, D-N.J., received $6,000 in campaign contributions from sources related to for-profit colleges. This year, he received more than $20,000 from the schools and their lobby groups, according to campaign finance records. What changed? For one, the colleges have upped …

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Would It Be Better to Go Bankrupt Now Or Plug Along. – Ann

“Dear Steve, $47500 in credit card debt, $1000 monthy mortgage, $1000 monthly vehicle payments, then of course insurances, utilities, and general living expenses Squeezing by we are making it month to month, paycheck to paycheck, still occassionally using the credit cards when things come up – no savings outside of retirement. Unsucessfully searched for more …

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