Question: Dear Steve, My fiance is a 100 percent disabled veteran with a lot of debt truck, house, four-wheeler, the lawnmower. He wants a new hot tub, to fix the driveway, and much more. I’m concerned for him and us as a couple. How can we ever dig out? Pam Answer: Dear Pam, It’s interesting …
Question: Dear Steve, I am a US Army Reservist on active duty for two years at Ft Bliss, TX. I have been in the Army since 2001 and have deployed to Afghanistan (2005) and Iraq (2008). I have received a 60% disability rating from the VA for tinnitus and PTSD bachelors in 2010. I have …
Recently President Trump directed the Department of Education to wipe out the federal student loan debt for 25,000 completely disabled veterans, who appear to be the group already in default. He received a lot of praise for this effort. One headline read “Trump’s debt forgiveness for disabled veterans is ‘our duty as Americans.” Watch the …
The Department of Education has identified 42,000 veterans who are entitled to a federal student loan discharge without any risk of paying federal taxes on the forgiven debt. However, Education Secretary Betsy DeVos has said even though the Department of Education has matched student loan records with disability records from the Department of Veterans Affairs, …
Question: Dear Steve, I am inquiring about my student loan debt, so I recently filed chapter 13 and was told my student loan debt doesn’t qualify to file, I filed chapter 7 like 8 years ago, so I am trying to find out something to do about trying to get the debt forgiven or some …
The Consumer Financial Protection Bureau has put out information that does a great job illustrating how badly military servicemembers have been and continue to be screwed over by crappy student loan servicers. Here is what the CFPB shared today. — The unique nature of life in the military can create financial challenges for servicemembers. This …
The Federal Trade Commission warns veterans and their families: Be wary of dishonest advisers offering “free” help with paperwork for pension claims. Unscrupulous lawyers, financial planners and insurance agents advise veterans over 65 to transfer their assets to a trust, or to invest in insurance products, so they can qualify for Aid and Attendance benefits. …
“Dear Steve, The college I am attending National American Univ. told me they would acknowledge service duty in offering me per credit hour discount. They did not. Now only a few semesters from getting my BS in Applied Management they have literally thrown me out of school saying I have no financial aid left to …
“Dear Steve, I guess it all started after I got out of the military. I knew I needed to go to school in some capacity to hold a decent paying job. I decided life as an automotive technician would be great, I knew lots of relatives that had a modest life with such a career, …
“Dear Steve, I’m a disabled vet living off my va disability comp and social sec disability. I am in a serious bind i became disabled in 2005 and i lost everyting i have been faced with collection agencies calling me to pay off the debt for my car that i had to turn in they …