Bankruptcy is supposed to give debtors a fresh start—unless they’re struggling with student loans. But a little-known provision is helping these borrowers take their creditors to court. Submitted by New Jersey Bankruptcy Lawyer, Lee M. Perlman. In 2005, Chuck Stewart’s life had come to a screeching halt. His partner was in the hospital with a […]
5 ways to avoid predatory student loan scams
Submitted by New Jersey Bankruptcy Lawyer, Lee M. Perlman. If you’ve got student loans, chances are you’ve seen an email or Facebook ad that says something like this: “Call now to qualify for President Obama’s Student Loan Forgiveness program.” Sounds official, but that voice in the back of your head saying you should probably be wary is right. […]
11 myths about student loan forgiveness
Submitted by New Jersey Bankruptcy Lawyer, Lee M. Perlman. If you have more student loan debt than you can handle, or if you’ve been paying and paying (and paying) and can’t make headway, chances are you’ve wondered about student loan forgiveness. As you look into your options, keep in mind that everything you read (or hear — even […]
Private student loans may be more of a headache than you want
Submitted by New Jersey Bankruptcy Attorney, Lee M. Perlman Originally published here by the Washington Post. Given the high cost of public and private universities, chances are most families will have to borrow some money to pay for school. But as they decide between student loans offered by the government and those offered by financial firms, consumer […]
13 Student Loan Terms You Need to Know
Submitted by New Jersey Bankruptcy and Financial Attorney, Lee M. Perlman If you are paying back a student loan, you might be confused about some of the terminology. At Credible, we see borrowers and graduates everyday ask our customer care how they can get the most out of their student loans. Understanding these terms can […]
How to Maximize Your Federal Student Loan Refinancing Savings
Submitted by Lee Perlman, New Jersey Bankruptcy Attorney Upon graduation, borrowers are inundated with the task of paying off all of their student related debts. Most graduates will finish their undergraduate degree with federal loans with an average balance of $30,000. At Credible, we see federal student loan borrowers everyday look for options and ask […]
Your Student Loan Help Questions Answered
Submitted by New Jersey Bankruptcy and Student Loan Lawyer, Lee M. Perlman Whether you are struggling to avoid a student loan default or just want to stay on top of your loans, finding student loan help can answer all your questions. Repaying your student loans can be a confusing process, and one misstep could affect […]
5 Student Loan Tips for Recent College Graduates
Submitted by New Jersey Bankruptcy Attorney, Lee M. Perlman. After graduation, student loan management is the last thing you want to think about. If you have landed your first full-time job, the reality of paying back your student loans is right around the corner. If you have been out several years, this is still an […]
Federal Student Loan Forgiveness: Am I Eligible and How Does It Work?
By Caryn Ganeles, CommonBond If you’ve earned a graduate degree and want to go into a line of work that makes the world a better place, congratulations! You may be eligible for Federal Loan Forgiveness. This program was created by the government to incentivize careers in public interest and thank the highly educated for dedicating […]
The Repayment Picture of Medical School Loans
According to the Association of American Medical Colleges (AAMC), 84 percent of medical school graduates carry some student loan debt. And the average level of indebtedness has reached a lofty $176,348. For those who have considered a medical profession or currently practice, these numbers are of no surprise. Higher Prices Mean More Debt The AAMC […]
