The Saving on a Valuable Education (SAVE) Plan is a new income-driven repayment (IDR) plan that was introduced by the Department of Education in July 2023. The SAVE Plan is designed to make student loan payments more affordable for borrowers with low or moderate incomes.
Understanding the Foreclosure Process in Alabama: What Homeowners Should Know Homeowners should know how the foreclosure process works in Alabama for them to better avoid getting in trouble with lenders once they have started to be considered delinquent. In Alabama,...
A December 14 article of Forbes revealed millions of people struggling to repay their student loan debts are expected to benefit from the proposal of president-elect Donald Trump.A month before the presidential election, Trump said in Ohio that student loan debts...
A recent study revealed that, compared to many states, Alabama’s households tend to have much lower credit card debt, a Thursday, December 8 article of al.com reported.The average credit card debt of households in all states is $15,675, but reports revealed that...
A California-based real estate information provider observed that there was an increase in completed foreclosure procedures nationwide, but the foreclosure inventory has decreased, a November 8 article of Housing Wire reported.According to CoreLogic’s September data,...
It is truly a frustrating situation for any person to have overwhelming debts, and it can be even more worrisome if a person just lost his or her job. Unemployed individuals and those who are underemployed with overwhelming debts should know there is a bankruptcy...
Actress Lindsay Lohan might find herself heading for bankruptcy due to claims that she failed to settle the rent payments on her flat in London, an October 22 report of the Economic Times stated.The bankruptcy issue reportedly comes as the 30-year-old actress...
Levels of foreclosure activity in the U.S. have decreased to a pre-recession level, a mydaytondailynews.com article stated on October 13.Overall foreclosure data provided by RealtyTrac noted in September that foreclosure filings nationwide have reduced by 24...
Former NBA player Darius Miles recently sought bankruptcy protection after playing for several seasons and earning millions of dollars, an article of Belleville News-Democrat reported on September 16.The 34-year-old former player of the Los Angeles...
People who have been struggling with their finances should know that there are legal ways for them to possibly recover from their overwhelming debts. One of the ways individuals may do to possibly have a new start is to file for Chapter 7 Bankruptcy. While this kind...