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HomeBankruptcyTampa Scholar Mortgage and Chapter Lawyer Weblog — April 4, 2022

Tampa Scholar Mortgage and Chapter Lawyer Weblog — April 4, 2022

Our in particular person scholar mortgage presentation went effectively this week on the annual Alexander L. Paskay Memorial Chapter Seminar  – hopefully, our efforts to unfold the phrase about scholar mortgage debt aid is attending to the plenty!

Absolutely the best method to examine for updates is our Scholar Mortgage Sidebar supplied within the quarterly column of a chapter legal professional publication referred to as the Cramdown which seems in the correct hand column of our dwelling web page on OR higher but, our Youtube Channel “Scholar Mortgage Sidebar” discovered right here.  The Spring version was simply uploaded as we speak!  Please subscribe so we are able to proceed providing free details about scale back scholar loans.  Our strategies are working and our extraordinarily favorable opinions present this!!

We anticipate an replace on the Could 1 cost restart date any day now — we’re guessing that it might be moved to the tip of the yr, and one thing can be accomplished concerning the potential tax bomb on the finish of an Earnings Pushed Plan.  There are indicators within the proposed price range that got here out this week that leads us to consider that these taxes could also be in line for a waiver – very like the waiver in place now for any scholar mortgage settlements that happen earlier than December 31, 2025.  Bear in mind, that solely applies if the settlement (together with funds) is concluded by the tip of 2025 so when you’ve got personal scholar loans, the time to get them settled is now so there may be sufficient time to really get them paid off beneath that settlement within the subsequent 3.5 years.

Anyway, please take a look at our movies right here  — and attain out to us for a 1 on 1 session in the event you need assistance!




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