The student loan moratorium that allows borrowers to temporally stop making payments on such loans has been extended through May 1. This marks the third extension provided by the Biden administration, which made the most announcement on Dec. 22. The student loan...
Student Loans
Was your tax refund intercepted to pay your student loans? (2 of 2)
If your tax refund was intercepted this year to pay for your student loans that are in default, you are not alone. The good news is there are steps you can take to potentially get your refund back or prevent the same thing from happening next year, including:Request a...
College Costs, Debt And Savings
The cost of college and student loan debt is a hot topic in both the state and federal government. While many efforts are underway to reign in these costs and the burden of student loans, there are some things that students can do on a smaller scale to help...
Obama’s student loan plan likely to disappoint (1 of 2)
As we have discussed many times in the past on this blog, student loans are a major source of debt for Americans. Because student loans are not usually forgivable through bankruptcy, individuals with significant student loan debt can feel backed into a corner with...
Lawmakers starting to acknowledge student debt crisis (2 of 2)
Welcome back to our discussion on the student debt crisis. While thousands of college students throughout Wisconsin are celebrating their hard-earned degrees this month, many are also wrought with worry over how they will pay back their student loans.In a first...
Nearing retirement with student loan debt? You’re not alone
Countless individuals in Wisconsin struggle to make their student loan payments each month. While we often hear about student loan debt primarily affecting young people, in reality it's a problem facing a much larger demographic.Part of the reason for this is that...
Private Student Loans Can Haunt You
Did you know that private student loans can haunt your family from beyond the grave?The Wall Street Journal ran a story about how private lenders came after one family following the accidental death of their 25-year-old son. Unfortunately, it's an all too common...
Can a past bankruptcy harm your chances of getting a job?
In the event that you are denied employment by a private employer because of a bankruptcy you likely will not have rights against that employer.The bankruptcy code does address current and prospective employment discrimination against someone that files for...
Strategies to Recover After Bankruptcy
Bankruptcy might seem like the end of the road, but the stigma is not nearly as severe as it once was. In the past, it meant that the chances of getting approval on unsecured personal loans applications were practically nil, while even those lending firms who might be...
Misconceptions About Bankruptcy
Misconceptions About Bankruptcy Could Be Keeping Away Those Who Need HelpHistorically, bankruptcy has been stigmatized. Narrow-minded people saw those filing for bankruptcy as failures, as deadbeats or as being guilty of living far beyond their means. Nowadays,...