Monthly archives: July, 2014

Bankruptcy Means You Don’t Have to Take it Any More

When a consumer files bankruptcy, the bankruptcy court warns creditors they may face a lawsuit awarding damages and attorney’s fees unless all debt collection stops. The technical term for failing to do so is violating the “automatic stay.’ As it sounds, this protection takes effect automatically. It is intended to provide some ‘breathing space’ from …

Using the Claims Objection Process in Chapter 13 to Resolve Student Loan Disputes

With student loan debt going back years, if not decades, having to disprove a billing error can be a daunting task.   Old payments on older student loans can become important only after assignment to a new servicer when a problem first comes to light.  Even if a borrower finds old canceled checks, how those payments …