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Alrena Dale, 61, got $155,000 in student loans discharged through bankruptcy. Biden's new bankruptcy guidance, aimed at easing the process for borrowers, made that possible. Some attorneys told BI ...
3. Federal Student Loan Consolidation. Consolidating your federal student loans offers another pathway to get out of student loan default. With a Direct Consolidation Loan, you’ll pay off one or ...
Student loan forgiveness isn't an easy process, but it is worth it. Find out how this couple got their loans forgiven if you're trying to do the same. This Couple’s Student Loans Were Forgiven ...
In other words, a medical student who is drowning in debt cannot file bankruptcy on their loans, have them discharged and then go on to earn a significant income a few years later.
With federal student loans, wage garnishment can continue until your loan balances plus interest and fees are paid back, but it can also end if your loan is removed from default. The federal ...
Since 1994, ECMC has operated in the areas of student loan bankruptcy management and loan collection. ECMC is one of a number of guaranty agencies that oversee student loans for the United States Department of Education. As a guarantor working on behalf of the U.S. Department of Education, ECMC charges fees to debtors and earns commissions from ...
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