Chris Bush

Chris Bush

With over 12 years of experience and thousands of cases as a consumer bankruptcy attorney, Chris Bush is on the cutting edge of Bankruptcy and Student Loan Law. Chris can assist you in untangling the options to find the best solution for your specific debt relief case.

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Corinthian Students


There can be nothing worse for a student than to have the whole school close down from underneath you, leaving you lost, dazed and confused. Such is the most recent case of the Corinthian Colleges, Inc. owned "for profit" schools. Everest, Wyotec, and Heald College System. In California alone, it is said that over 16,000 students were sent home.
What a catastrophe!

DEFINITION OF 'TAX LIABILITY'

The total amount of tax that an entity is legally obligated to pay to an authority as the result of the occurrence of a taxable event. Tax liability can be calculated by applying the appropriate tax rate to the taxable event's tax base. Taxable events include, but are not limited to, annual income, the sale of an asset, a fiscal year-end or an inheritance.

DEBTDOC EXPLAINS 'TAX LIABILITY'

A tax liability is a legal claim on assets. Should an entity default on paying its taxes, the governing authority may foreclose on the delinquent account, or take out a lien or encumbrance on an asset.

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If you're still holding the bag on an income tax debt your ex-spouse drove up, and particularly if you don’t have the wherewithal to repay it, you might be in luck. It doesn’t matter if the tax bill is a result of an understatement of earnings tax on the return, or if it’s just an underpayment of the tax due at the time--you may have a chance of absolving yourself of the obligation for payment. But you’ll have to fight for it.

In a few instinces, an agency can ask the IRS to intercept (take) your tax reimbursement and use the cash to your financial obligation.

Whenever Tax Refund Interception Is Allowed

Tax refund intercepts are allowed in these situations:

  • you are in default on student loan payments
  • you are behind in income fees, or
  • you are behind in your child support.

Notification and Defenses

Before the IRS takes your cash, the company must notify you. You can provide written evidence or have a hearing to show that any of the following is real:

  • Your debt has been settled.
  • The quantity of the proposed intercept is more than you owe.
  • The intercept is not lawfully enforceable.

Intercepts and Student Loans

Tax reimbursement intercepts are many typical in the instance of a defaulted student loan. Each year, for example, the federal government pockets hundreds of millions of bucks by grabbing tax refunds from hundreds of thousands of former students. (For lots more on student loan collections, including stopping or avoiding income tax refund intercepts, see Student Loan Debt.)
If the intercept is for a student loan, you can make a written request to review the agency’s file on your loan and the agency seeking the offset will consider other information, such as information showing you qualify to have your loan released because the school closed, falsely certified your eligibility, or were unsuccessful to pay refunds owed because you left before conclusion of the course.


Tax Refund Intercepts for Child Support

If you are married and the intercept is for child support from an earlier relationship status, your partner can file a claim for her share of the reimbursement.


Avoiding a Tax Refund Intercept

If your income tax refund is small, you will have less to lose from an intercept. You can boost the money you receive with your income during the year, so your tax reimbursement at the end of the year is maybe not that large.

 

student loan forgiveness | student loan attorney | student loan intercepts | irs refund intercepts | tax refund intercepts

Teacher Loan Forgiveness

In our experience at the Law Offices of Chris Bush, there is one part of our everyday workforce that is so underpaid, it defies all logic. School Teachers!

As we experience a shifting economy, the salaries of teachers continue to decline, while the cost of higher education and teaching credentials skyrockets. That means we see school teachers, from K-1 through high school, suffer the enormous pressure of dealing with their student loan debt.

As of May 10, 2015 the National Student Loan Data System, or, NSLDS report access system was changed. You will need to Log onto NSLDS.ED.Gov  by using your User Name or Verified E-mail address and a Password.

1.     If you have already set up your access with your User Name or Verified E and Password, simply log on and follow the instructions below.

2.     If you have not set up your access, then click on the “Create an FSA ID” tab and follow all the steps to create your FSA ID.

a    You will get an e-mail asking you to verify your e-mail address

b    You will hear back from FSA once they verify your information with the Social Security Office. This should take a day or two.

c    Once everything is verified, follow the directions below.

The starting point to begin an analysis of any Student Loan issue is to obtain any and all information that the U.S. Department of  Education has regarding all Federal Student loans that pertain to you.  Debt Doc Student Loan Attorneys need this information to be able to explain any and all options.

If you have obtained a Federal Student Loan anytime during your life, then the information is available at the NSLDS link shown above. This report will provide vital information regarding what type of Federal Loans you have obtained, the status of those loans, who the current servicer of those loans are, and who the lenders are.

From this website, Debt Doc attorneys will need two things.

1)    The summary of all your loans will be the first page you see.

2)     The detail report on all your loans.

The number of each loan will be listed on the left hand side of the summary page. The numbers  are hyperlinks to all the details of each of your loans.  Simply click on the number and the details of the loan will be the next screen. I will need all pages for each of these individual loans.

In the center of each page, there will be a Download button. DO NOT DOWNLOAD unless you want 75 pages of information in a txt format, we do not.

Simply Print/save as a PDF, of all pages. This is what Debt Doc attorneys want to review and it will be used to discuss and evaluate your circumstances.

I look forward to reviewing this report with you and assisting you with the management of your Student Loan debt.

Economic relief through bankruptcy will help with the student loan crisis.

San Diego, CA, January 28, 2015 – Representative John K. Delaney (MD-6) has filed legislation in Congress spotlighting the omnipresent financial crisis with student loan debt. Unlike mortgage, credit card and auto loan debt, the current law does not allow for student loan debt to be discharged. The Discharge Student Loans in Bankruptcy Act (H.R. 449) would most likely render student loans dischargeable under bankruptcy.

Student loan debt is dragging down economic growth, keeping the American Dream out of reach for many and is a monthly strain for millions,” Congressman Delaney said in a recent statement. “While student loan debt is a complex problem that will require many solutions—increased support for grant programs, efforts to increase affordability, improved consumer education—we also need to reform our laws to help those with the absolute greatest need. Right now, there is effectively a huge student loan loophole in bankruptcy law that’s hurting real people."

As the cost of college tuition continues to rise, the student loan debt burden on students and their families also continues to rise. Student loan debt affects not only recent graduates but also every age generation, even senior citizens.  This legislation would truly help people struggling with this issue.

"Bankruptcy has long been an option of last resort for individuals facing an irresolvable level of debt; bankruptcy isn’t easy or enjoyable, but it’s a necessary part of our financial system," Delaney continued. "It doesn’t make sense for students with heavy debt burdens to be worse than someone with credit card, auto loan debt or mortgage debt. Every member of Congress from every state in the country has constituents who are struggling severely because of student loan debt. At the very least we should have some basic fairness in the law.”


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Student Loan Discharge

The U.S. Department of Education has a program that is available to those who have Federal Student Loans, but cannot pay them due to their total and permanent disability. This process is very detailed and there are very strict documentation requirements.
If you have been deemed totally disabled by the Social Security Administration and are receiving Social Security Disability benefits, then you are eligible to have your Federal Student Loans administratively discharged. In other words, you will be release of the obligation to pay these loans. Just recently, here at DebtDoc, we were successful in obtaining a Total and Permanent Disability Discharge of $80,000.00 in Federal Student Loans.
Additionally, if you are a military veteran, and have been determined to be disabled by the Veterans Administration, your Federal Student Loans can be discharged under the Total and Permanent Disability Discharge process. We assist disabled military veterans with this process in order that they may recover and move forward without having the financial burden of any Federal Student Loans.
Many disabled people who have Federal Student Loans can be eligible for a Total and Permanent Disability Discharge of their loans if their doctor has made such a determination. Again, this process is very technical. Here at DebtDoc, attorney Chris Bush  can help.

GraduationToday, 71% of students graduating from 4 year colleges have student loan debt.  According to The Project on Student Debt, the average student loan debt for a college graduate is $29,400.  However, student loan debt is not only a problem for recent graduates.

In recent years, there has been a sharp increase in the number of older Americans who have student loan debt from financing their own education or the education of their children.  As of 2013, people over the age of 65 had $18.2 billion in outstanding student loan debt.

If you have student loans and are approaching retirement, it is important to know that your social security benefits can be garnished by 15% for defaulted federal loans.  In 2013, more than 155,000 social security recipients had their benefits garnished due to student loan debt, as discussed by US News & World Report.

If you have federal student loans in default, there are programs available to rehabilitate your loans, get them out of default, and into an affordable repayment plan.  Our office can help you figure out the best way to tackle your student loan debt and protect your future social security benefits.  Contact us to schedule a no-cost consultation to find out how we can assist you.

Read More about Student Loan Debt Relief | Teacher Student Loan

DebtDoc attorneys feel strongly about addressing the Discharge of Federal Student Loans if a Military Veteran is disabled because of a service related injury.

As we all know, in today’s economy student loans seem to haunt every generation. The most recent graduate, who finds their student loans are not due for the first time, recognizes this. The student loan borrower who has exhausted their very last deferment is feeling the pinch. Even those who are drawing Social Security or other Federal Benefit, may realize the catastrophic  economic impact of the offsetting of their benefits.

However, nothing is more injurious to our Disabled American Veterans who find themselves lost and confused because they have U.S. Veterans Benefits that are insufficient in addressing their living expenses and their Federal Student Loans.

The U.S. Department of Education has a Student Loan Discharge program for Disabled Veterans. If a Veteran is unemployable due to a service connected disability, as determined by the U.S. Department of Veterans Affairs, then the Veteran may be able to Discharge his or her obligation to repay their Federal Student Loans, without regard to balance owed or status of collections.

Additionally, there are two other extra benefits for the Disabled Veteran who qualifies. The first being that any and all amounts paid to the Federal Student Loans, are refunded to the Veteran and retroactively applied to the date of Disability Determination. The second, there is no requirement for any monitoring of the Disability. Both are extremely beneficial to the Disabled Veteran.

Call to Action: 

If you find yourself unable to address your student loans, and are drawing benefits under Social Security, Social Security Disability, State Disability, or any Disability Rating by the Veterans Administration, please contact a DebtDoc attorney for an evaluation of your financial situation.

These programs are available to Veterans and Retired Persons.

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Auto Loan Delinquency Rising

Late Car Payments?

The number of people 90 days late in car payments approaching peak levels since the subprime crisis of 2010.

If you’re late on your car payments, come in for a Chapter 13 consultation!

Compassionate. No-nonsense. Great job. Saved me $85K!

I had three choices: two large groups, or DebtDoc. I chose DebtDoc because of their numerous excellent reviews from clients as well as other attorneys. Also, I wanted someone to provide personal service and have a vested interest in my difficult student loan case.

I certainly made the right choice. DebtDoc's attorneys personally answered two of my phone calls and regularly answered my emails, even on one Sunday evening.

After 30 years of student loan "prison", he got me freedom AND he even got the US Dept. of Justice to dismiss 25% of my loans, which saved me $85K.

I feel like I have a new lease on life because of DebtDoc. I wish I could recommend 10 stars.

Client Testimonial

To whom it may concern,
DebtDoc's attorneys are 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 DebtDoc and found them to be courteous, responsive and quick to assess my situation. They were sure they could help and took time to answer all questions, which relieved much anxiety. Within months they successfully resolved the debt! With much confidence, I highly recommend DebtDoc.
Sincerely,
 CJWaldenSignature
CJW