Think there's no help for student loans?
Posted: Thu Mar 21, 2013 12:00 pm
Sure, sounds fun. Get in touch with me offlist and we'll work out the
particulars.
Jay S. Fleischman, Esq.
Shaev & Fleischman, LLP
I help people get smart solutions to their bill problems.
http://www.ConsumerHelpCentral.com
556 S Fair Oaks Ave Ste 101-152
Pasadena CA 91105-2656
T: 626-808-4343 x704
E: jay@sflawca.com
Email isn't secure, so it's not confidential. By communicating with me by
email, you understand that it's not confidential.
On Thu, Mar 21, 2013 at 9:58 AM, Dennis wrote:
> **
>
>
> Well why don't you volunteer to do a cle for cdcbaa?
>
> Sent from my iPhone
>
> On Feb 5, 2013, at 10:33 PM, "Jay S. Fleischman"
> wrote:
>
>
>
> Dennis, the William D. Ford Program is an absolute joke and a mess.
> Servicers don't understand all the options available to borrowers, nor do
> they explain the options they do understand. It's one of the major reasons
> why I've been focusing so heavily on student loan work for consumers.
>
> Federal student loans don't need dischargeability - the existing
> regulations work exceptionally well for those who negotiate the waters.
> Private loans, on the other hand - those should be treated the same way as
> any other unsecured, nonpriority consumer debt.
>
> -------------
> Jay S. Fleischman, Esq.
> Shaev & Fleischman, LLP
>
> I help people in the Los Angeles area and New York City get smart
> solutions to their bill problems.
>
> http://www.ConsumerHelpCentral.com
>
> 556 S Fair Oaks Ave Ste 101-152
> Pasadena CA 91105-2656
>
> 350 Fifth Avenue, Suite 7210
> New York NY 10118
>
> T: 626-808-4343 x704
> E: jay@sflawca.com
>
> Email isn't secure, so it's not confidential. By communicating with me by
> email, you understand that it's not confidential.
>
>
> On Feb 5, 2013, at 9:44 PM, Dennis McG cdcbaamailbox@gmail.com> wrote:
>
>
>
> We have been advising people to use the Ford program for years. The bad
> part is, as the client gets older, and starts making more money, the gov't
> will take a larger payment. I really do not understand these programs that
> have a disincentive for doing well later in life. This new 25 year program
> doesn't look that different. The client is in jail for 25 years. We need
> to go back to dischargeable student loans.
>
> d
>
> On Tue, Feb 5, 2013 at 9:08 PM, Jay S. Fleischman bankruptcy@gmail.com> wrote:
>
>> **
>>
>>
>> Client has federal student loans in default. Balance of those loans,
>> which have been consolidated prior to default, is $265,000.
>>
>> Client's got an administrative wage garnishment and tax offset in place.
>> He makes $40,000 per year and he's barely getting by.
>>
>> Today we got DOE to accept payments of $283 per month for 9 months to
>> rehab the loan. At the end of the 9 months, they will remove approximately
>> $45,000 in fees and penalties They will also make the changes to the
>> client's credit report that show that he is in good standing. In addition,
>> garnishment and tax offset will be removed - they are both stayed during
>> the rehab period.
>>
>> After the 9 months, the client will owe approximately $213,000.00.
>>
>> We will be able to get the client into an income-dependent repayment plan
>> of about $220 per month for 25 years. At the end of the 25 year period, the
>> remaining balance of the loans will be forgiven permanently.
>>
>> It was a very, very good day today.
>>
>> -------------
>> Jay S. Fleischman, Esq.
>> Shaev & Fleischman, LLP
>>
>> I help people in the Los Angeles area and New York City get smart
>> solutions to their bill problems.
>>
>> http://www.ConsumerHelpCentral.com
>>
>> 556 S Fair Oaks Ave Ste 101-152
>> Pasadena CA 91105-2656
>>
>> 350 Fifth Avenue, Suite 7210
>> New York NY 10118
>>
>> T: 626-808-4343 x704
>> E: jay@sflawca.com
>>
>> Email isn't secure, so it's not confidential. By communicating with me by
>> email, you understand that it's not confidential.
>>
>
>
>
>
>
Sure, sounds fun. Get in touch with me offlist and we'll work out the particulars.
-------------
Jay S. Fleischman, Esq.
Shaev & Fleischman, LLP
I help people get smart solutions to their bill problems.
http://www.ConsumerHelpCentral.com
556 S Fair Oaks Ave Ste 101-152
Pasadena CA 91105-2656
T: 626-808-4343 x704
E: jay@sflawca.com
The post was migrated from Yahoo.