%AM, %21 %041 %2014 %00:%Aug

Student Loan Refinance

Student Loan Refinance

Borrowers regularly refinance mortgages and other loans whenever interest rates drop. So why maybe not student loans?
Refinancing options for student-loan financial obligation have actually been hard to come by, but a handful of promising advancements are providing borrowers better possibilities of climbing off from under the $1 trillion owed by former pupils for their university costs.

President Obama vowed to expand a program limiting repayment of federal student loans to 10% of a borrower’s earnings, and the U.S. Senate is thinking about a costs that would give more security to students whom use private loans.

“We want more youthful people becoming instructors and nurses and social workers,” Obama said Monday while announcing the expansion of the Pay As You Earn system. “We want youthful individuals to be in a position to go after their dreams. And we want more young people who act responsibly to be in a position to manage their financial obligation over time.”

But some in the private sector are stepping up as well.

While it's nevertheless hard to refinance through huge banking institutions, a handful of newer, much more innovative startups have actually figured out a method to make life easier for student borrowers while still making a revenue for on their own.

student loan refinance | student loan debt | student loan debt forgiveness

%AM, %21 %041 %2014 %00:%Aug

Consolidating Student Loans

Consolidating Student Loans

Studentl Loan Consolidation & Your Credit

All federal and exclusive student loans are considered unsecured financial obligation. That means they are perhaps not supported by security, by some asset – a home, a vehicle, a piece of land.

Unsecured student loan debt is looked upon more favorably by loan providers when information technology comes to evaluating your credit worthiness. Student loan debt is usually considered good debt because information technology represents an investment in your future.

If you're prompt in making your federal and/or private student loan payments to your lender, having this kind of debt can actually start to strengthen your credit rating after about six months of constant payment. Better yet, if your student loans are consolidated, reducing the number of active reports on your credit report, it can heighten your score because well.

consolidating student loans | student loan debt | student loan attorney

%AM, %21 %041 %2014 %00:%Aug

Student Loan Debt

Student Loan Debt

People in debt commonly justify their student loan debt, saying that they will be in a position to spend down their debts after they graduate and begin working full-time.

However, credit card debts and automobile loan debts are considered bad debt. They don’t add financial value to your life such as by increasing your web worth or your earning power.

High levels of debt – especially bad debt – at more youthful ages are leading much more pupils and young individuals to the bankruptcy courts.

Before filing for bankruptcy, youthful consumers may want to look into debt combination and debt settlement, which can enhance their monetary standing.

In debt combination, all or several of your debts are rolled into one. You’ll nevertheless owe the exact same amount of money, but you’ll be accountable for simply one bill each month, making your debt payments easier and more manageable. It can additionally conserve you cash in interest over time.

Financial obligation settlement decreases the amount you owe through negotiations with your loan providers. You can get a debt settlement business to negotiate on your behalf, or you can negotiate directly with your creditors. A successful settlement can conserve you cash.

student loan debt | student loan debt relief | student loan debt forgiveness

%AM, %21 %041 %2014 %00:%Aug

School Loans

School Loans

Almost half of those people with student loan debt — 49% of those people, to be exact — say that the student loan debt that they accrued to pay for their studies is in fact now an obstacle to buying a house, according to a new survey from NeighborWorks America.

In fact, 17% of those people with student loan debt said that it’s their largest obstacle to purchasing a home, while only 14% said not having a down payment is the largest hurdle. Having the ability to afford a preferred neighborhood was 13%, and 11% said the lack of job security as the largest problem that hampered their ability to purchasing a house of their own. NeighborWorks America is national, nonprofit, affordable housing and community development organization.

student loans | student loan attorney | student loans san diego | student loan debt

%AM, %21 %041 %2014 %00:%Aug

Perkins Loan

Perkins Loan

The Federal Perkins Loan Program provides students with low interest loans to help low income students to finance the costs of higher education. Students who attend any of the approximately 1,700 participating postsecondary schools may obtain Perkins loans from the institution.

The school's Perkins loan fund is maintained by ongoing functions, such as a collection by the institution on the outstanding Perkins loans performed by the school and multiple reimbursements from the department for the cost of certain statutory loan cancellation provisions.

perkins loan | perkins loans | student loan debt

%AM, %01 %375 %2014 %08:%Jul

Student Loan Debt

free-advice-btnAre you struggling under the weight of a student loan? You’re not alone.

Student loan debt cripples many student loan borrowers, including recent graduates. Many leave college with thousands of dollars in student loans. Even with a steady job, it can be difficult to meet student loan repayment obligations. Others struggle for years in an attempt to manage the student loan debt.

Attorney D.J. Rausa is committed to helping clients develop a payment plan they can manage. He can also determine if a student loan might cause the debtor "undue hardship." This can be used as an exception to the student loan repayment requirements.

In San Diego, attorney D.J. Rausa helps clients obtain relief from student loan debt. He has more than 20 years of experience. He is committed to making sure everyone has a chance to obtain student loan debt relief. Contact us for help addressing your student loan concerns.

Types of Student Loan Debt

Students may have received federal student loans or loans from private companies – many students use a combination of both to get through school.

Many students have also turned to parents, grandparents or others to either take out the loan or co-sign for it. Either way, this makes the parent a student loan borrower.

Federal Student Loans:

Because so many students have gotten in over their heads with excessive student loan debt, the federal government has developed a whole host of options available to address Federal Student Loans. These types of loans are subject to programs offered by the U.S. Department of Education.

To find out what Federal Student Loans you have, go to the National Student Loan Data System, www.nslds.ed.gov, to get your report. This report contains vital information in evaluating what the next step will be to address your Federal Student Loans. If a student loan is not on this report, chances are the loan is a private student loan.

Once this information is reviewed, Attorney D.J. Rausa will be able to determine what the best options are.

Private Student Loans:

Private Student Loans are NOT subject to any Federal Student Loan Program. Therefore, they have to be addressed in a completely different manner.

Options for Private Student Loans are very limited, however Attorney D.J. Rausa may be able to negotiate favorable terms of repayment. The factors widely vary from lender, servicer, and collection agency. Therefore the results also vary.

If favorable terms cannot be reached, then a Chapter 13 Bankruptcy is an option that can be exercised to force the Private Student Loan lenders to accept an affordable payment.

Bankruptcy and Student Loans

There is a common misperception that once you take out a student loan, you are obligated to pay it all back no matter what. This is not entirely true. While some student loan debt may not be discharged through bankruptcy, The Law Offices of D.J. Rausa may have ideas to help you reduce or discharge your debt.

However, it is important to note that the process of discharging student loan debt differs from the process of discharging other types of debt and will require a detailed analysis of the type of student loan as well as the history of the loans.

Student loan debts are not automatically discharged through Chapter 7 bankruptcy. The Chapter 13 bankruptcy process can be used to restructure your student loans into a more manageable monthly payment. Attorney Rausa offers comprehensive Chapter 13 bankruptcy solutions to help you set up a payment plan to pay down your debt, including your student loans.

Chapter 13 repayment plan can last for as long as five years. Attorney Rausa will develop a feasible plan for you in order that some percentage of all your debt is paid. During the pendency of your case, you will be protected from any and all collection activity; this includes the IRS and any student loan collection agencies or servicers.

Discharging Student Loans: Proving Undue Hardship

Sometimes student loans can be forgiven when the borrower is shown to have endured “undue hardship,” such as:

  • Disability preventing your ability to work
  • Fixed income with no possibility of a salary increase
  • Family issues preventing you from earning a living
  • Totality of your financial circumstances

Attorney Rausa is prepared to address all of your questions regarding undue hardship.

Find out more about these related topics:

Contact a San Diego Lawyer

Contact us by e-mail or call toll free at (619)295-3322 to see if you qualify for the hardship exception, or if reorganizing your payment plan is a better option. A free initial consultation is available with an experienced San Diego student loan debt relief lawyer.

Free Initial Consultation * Available Evening and Weekend Appointments

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.

Page 2 of 2

Initial Free Consultation

  1. Your Name(*)
    Please let us know your name.
  2. Your Email(*)
    Please let us know your email address.
  3. Phone(*)
    Please write a subject for your message.
  4. Message(*)
    Please let us know your message.
  5. Invalid Input
  6. Enter Code
    Invalid Input

Thank you DJ!

I had no idea where to start with my bankruptcy and process. After my first meeting with DJ I felt confident that things were going to go well. He helped guide me through the entire process and time. 

He's very professional and courteous, thorough and extremely knowledgeable. 

I would recommend anyone that needs a bankruptcy lawyer/ student loans. 

Don't have a second thought when choosing DJ Rausa!

stars
Posted by a client - February 15, 2016

AVVO Lawyer Rating is Superb!

Respected Legal Source

D.J. Rausa interviewed by the Wall Street Journal for article on Bankruptcy and Student Loan Debt.

D.J. Rausa is recognized as a legal expert in Student Loan Debt Resolution and the associated Bankruptcy Laws.

Read what D.J. recently told The Wall Street Journal regarding the probable rise in Student Loan Debt Resolution through Bankruptcy.

Client Testimonial

To whom it may concern,
Mr. Rausa is extremely knowledgeable with the complexities of Federal Student Loans.
I went from a thriving career to full medical disability, ending with an SSDI placement. Unfortunately, I lost everything and became unable to continue making the student loan payments, so it was in deferment for over five years. When the SSDI settled I tried to negotiate an affordable payment plan with the loan holders but they refused my efforts, instead demanding over twice the amount I could afford.
I contacted Mr. Rausa and found him to be courteous, responsive and quick to assess my situation. He was sure he could help and took time to answer all questions, which relieved much anxiety. Within months he successfully resolved the debt! With much confidence, I highly recommend Mr. Rausa.
Please contact me if you have any additional questions.
Sincerely,
 CJWaldenSignature
CJW
Websites with bunus at Bingo gbetting.co.uk/bingo games.