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Paying off student loan debt could be a financial mistake says Wendy Connick for the Motley Fool and CNN Money. Basic argument is that this is good debt and bad debt. She believes the diffence between good debt and bad debt is the amount of interest a consumer pays. For instance, bad debt is credit card [...]
From the State Bar of Texas The Texas Supreme Court and Court of Criminal Appeals issued an emergency order Monday authorizing modification and suspension of court procedures in proceedings affected by Hurricane Harvey. The order expires September 27 unless the courts extend it. “Court proceedings … throughout Texas may be affected by the disaster because [...]
Thousands of Hurricane Harvey victims are subject to losing their homes this upcoming Tuesday if the State of Texas does not act quickly to place a moratorium on all foreclosure sales in all counties effected by Hurricane Harvey. Failure of the Governor and/or other State or Local officials to immediately declare a halt to all foreclosure [...]
Goldman Sachs through its subsidiary MTGLQ Investors LP has been buying defaulted mortgages in North Texas since 2016. According to this article in the WSJ [behind paywall], the goal of buying mortgages is to satisfy a $1.8 billion dollar settlement. They can offer loan modifications, settlement options, and can even foreclose on the [...]
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Life happens. Sometimes you can not avoid defaulting on your student loans. It is unfortunate but you can recovery once you are financially stable enough to resume a payment plan. I hope to simplify your options a little: [box type="alert" style="rounded" icon="none"] Programs listed below are for Federally backed student loans only. To see if [...]
Finding out who to speak with about your defaulted student loans can be difficult especially if you do not remember who to speak with. Fortunately the Department of Education has set up a system to find your student loans. ll federally backed student loans you have, along with repayment status, is entered into the National [...]
One of the first questions I am asked is "How do I find my federal student loans?" Many times clients have never received payment notification, their federal student loans have changed servicing so many times, or it has been so long since they thought about their student loans that they no longer no who to [...]