Federal law provides specific legal rights and remedies to student-loan debtors facing debt collectors that threaten garnishment.It is a tough time for people with student-loan debt. Many students need to take out loans to pay for soaring college or graduate school...
Dynamic Guidance And Advocacy Throughout Northern Virginia
Debt Collector Abuse
US debtor-protection law applies to student-loan collection efforts
The Fair Debt Collection Practices Act may provide legal remedies to student-loan debtors in certain circumstances. Some in the media speculate whether the extraordinary amount of student-loan debt in this country could lead to another economic collapse. With about...
For Bankruptcy Filers, Automatic Stay Halts Most Collection Actions
For anyone struggling to make ends meet while faced with overwhelming debt, harassment from creditors and debt collectors often adds insult to injury. Fortunately for those who seek a fresh start by filing for bankruptcy, a legal device known as an "automatic stay"...
A look at Chapter 13 and Chapter 7 bankruptcy
When someone is behind on his or her loan payments and has creditors calling at all hours threatening to repossess a vehicle or foreclose on a home, the best option may be to file for bankruptcy. Two forms of bankruptcy are generally available to individual filers:...