Here is an interesting development with student loans held by the Coronado Student Loan Trust. In December 2018 a consumer filed an Adversary Proceeding to attempt to have their private student loans forgiven. See filing here. The debtor stated they owed $132,652 and future payments would create an undue hardship so the loans should be …
Thomas Lathrop filed his own bankruptcy Adversary Proceeding to get his Navient private student loans discharged in bankruptcy. Mr. Lathrop pursued a strategy I’ve been talking about for sometime. The fact he did this himself is amazing. Not an approach I generally recommend but he belted this one out of the park. He spotted the …
Attorney Austin Smith who is on my list of attorneys you should consider for student loan legal help has sent in an incredible post on a new angle on dealing with private student loans. Fascinating. Here is his post. In previous posts, Steve and I have discussed how some private student loans can be discharged …
Question: Dear Steve, My name is Sean, 28, Baltimore, MD. I have a student debt crisis that I’ve successfully managed to prevent from default since 2010. I feel that my situation may be a little more unique than others which is why I’ve attached a more complete narrative of my story if you have the …
By Los Angeles Bankruptcy Attorney Christine Kingston I was just talking with a friend of mine the other day, Damon Day; and he was mentioning that he is seeing more and more folks all across the country, who have attended these unaccredited schools and carrying an enormous amount of student debt. I mentioned to him …