Category Archives: Student Loans
Education Department Delays Student Loan Wage Garnishment: What Los Angeles Borrowers Need to Know
For millions of Americans struggling with student loan debt, wage garnishment can feel like the breaking point. When paychecks are reduced before the money ever reaches a bank account, it becomes more challenging to cover rent, utilities, groceries, and other essential expenses. That is why a recent announcement from the U.S. Department of Education… Read More »
Managing Student Loan Debt in Bankruptcy and Divorce: What California Couples Need to Understand
Student loan balances are among the most difficult debts for California couples to manage during and after divorce. When bankruptcy becomes part of the picture, dividing responsibility can be even more complex. Education loans follow strict federal rules, and California’s community property laws create unique challenges for couples trying to rebuild financially after separation…. Read More »
Can You File for Bankruptcy on Student Loans?
Student loan debt is a significant burden for many Americans, and the question of whether it can be discharged in bankruptcy is a common concern. While bankruptcy can provide relief from various types of debt, student loans are notoriously difficult to discharge. However, it is not impossible. The general rule is that student loans… Read More »
8 Tips for Paying off Student Loans Faster
Millions of Americans are saddled with thousands or tens of thousands of dollars in student loan debt. In fact, student loan debt has become a national crisis, with $1.2 trillion worth of outstanding debt in the United States. Approximately 70 percent of bachelor’s degree recipients graduate with massive amounts of debt, all at a… Read More »