Jonathan Ginsberg practices consumer bankruptcy law in Atlanta, Georgia and has been representing clients for over 25 years. He regularly teaches continuing legal education classes about bankruptcy and writes extensively about personal financial matters on his blog and as a contributing editor of the Bankruptcy Law Network.
Congress has long given student loan debt special status, offering limited options to borrowers seeking to reduce their outstanding balances. Student loan servicers have long granted deferments and consolidations, but ask for a suspension of interest or a reduction of principal and the loan collection agent would just say no. Student loan creditors even have… Read More
What can you do when you’re disabled, and an agency tries to collect on an old mortgage debt by seizing your disability payments? A Credit.com reader wrote in with this question: My husband had a VA loan foreclosure in 1994. He was not contacted in any way about it (The VA said they had sent… Read More