Yesterday I wrote How to Get Your Federal Student Loans Forgiven if You Go to Prison. The results of my research were so surprising I had to make this podcast as a follow-up. This is just another wrinkle in the ridiculousness created by student loans. After taking a deep dive into this subject, I’m not …
Question: Dear Steve, I’m in a halfway house nearing the end of my federal incarceration. I will have completed ten years and four months. I have been looking at info on having my student loans written off. I’m working on getting the information I need, but can this still work? Was I supposed to do …
“Dear Steve, My husband of 19 years went to prison,I was left to manage all debts,mortgage with less than half the income. I refinanced to keep going with my smaller income.I had to refinance again to pay an attorney for my husband,he got 14 years. we are in the process of a divorce,I don’t want …
“Dear Steve, NOT WORKING MUCH SUB-CONTRACTOR. DELINQUENT 1 1/2 YEARS ON CREDIT CARDS. WAS INCARCERATED ABOUT A TOTAL OF 7 MO. ABOUT 10-12,000 TOTAL CREDIT CARD DEBT. NO ASSESTS WHAT IS BEST APPROACH. BANKRUPTCY DEBT CONSOLIDATION?? John” Dear John, Being incarcerated never seems to help your credit or debt situation. Over the years I’ve talked …