About to Default on a Private Student Loan? What to Expect.

About to Default on a Private Student Loan? What to Expect.

Posted 9:24 am by LFSuser & filed under Uncategorized.

Since 2005, when Congress amended the law to make private student loans non-dischargeable in the ordinary bankruptcy case, private student loans became more available and more profitable.  The increased availability of private student loan funds is undoubtedly a factor in the dramatic increases in tuition costs in the United States.  A US News and World… Read more »

Statutes of limitations in credit card collection cases

Posted 5:16 pm by LFSuser & filed under Consumer Debt Issues, Credit Card Debt, Debt Collection Defense.

When a consumer has been sued for collection of a debt that he has heard nothing about for several years, he may wonder whether the collection of that debt is barred by the statute of limitations. If the lawsuit is filed after the statutory period has run, the consumer has a solid defense in the… Read more »