Search results
Results from the WOW.Com Content Network
Potential debt reduction: Debt settlement may reduce the total amount you owe, providing relief from debt burdens. However, the fees of settlement and late fees can sometimes inflate your debt ...
The Federal Trade Commission said it is sending thousands of checks totaling more than $822,000 to borrowers who lost money in a student loan debt-relief scam that operated under the name Student...
The Federal Trade Commission has announced it’s sending 27,584 checks to consumers victimized by student loan forgiveness scams—about $4.1 million in total.
The settlement spanned 39 states and the District of Columbia and included $1.7 billion in loan cancellations and $95 million in payouts. [49] As of January 2022, the settlement is pending court approval. Student Loan Justice has fought Navient by calling for bankruptcy laws to again include student loan debt. [50] [51]
In August, the FTC and the Department of Justice (DOJ) announced that over 22,000 borrowers will receive refunds from a $9 million settlement for the Ameritech Financial student loan debt relief ...
The Robodebt scheme was an unlawful [1] [2] method of automated debt assessment and recovery implemented under the Liberal-National Coalition governments of Tony Abbott, Malcolm Turnbull and Scott Morrison, and employed by the Australian government agency, Services Australia, as part of its Centrelink payment compliance program.
The lawsuit alleges the bank of aiding Madoff's crime by maintaining his checking accounts and trading with his brokerage firm long after the bank realized that he was running a vast fraud. In September 2008, Morgan Chase began withdrawing $250 million of its own money from the Sentry funds operated by the Fairfield Greenwich Group , a Madoff ...
Borrowers might not realize that they can still stay out of default by signing up for the "Fresh Start" initiative by Sept. 30. You can go to myeddebt.ed.gov or call 800-621-3115 to enroll in ...