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New U.S. Department of Education Regulations Will Make It Easier For Borrowers Harmed By Their School To Obtain Relief

October 31, 2022

WASHINGTON – Today the U.S. Department of Education announced its final rules on the borrower defense to repayment, closed school, false certification, total and permanent disability, and Public Service Loan Forgiveness discharges, as well as arbitration and interest capitalization. The new rules will: Expand the eligibility criteria for discharges so that more borrowers are able…

Op-Ed in The Hill: Before winter sets in, the Biden administration can cool heating prices

October 28, 2022

In an op-ed appearing in The Hill on October 28, 2022, Berneta Haynes explains how new standards from the Department of Energy to phase our inefficient gas furnace models will help ensure homeowners and renters aren’t paying needlessly high bills.

Need Help With Debts? Don't Get Burned by Scammers - Know the Facts About Debt Relief

October 28, 2022

Debt relief is the generic name for different ways you can manage your bills. This fact sheet covers different types of debt relief and what you should watch out for. Debt relief scammers often target people in financial distress, such as those affected by a natural disaster. So people looking for assistance after a hurricane,…

Deciding Whether to File Bankruptcy

October 28, 2022

This article describes how bankruptcy can help consumers, and when it may be the wrong solution. It also describes the difference between chapter 7 and 13 bankruptcies, the best time to file for bankruptcy, and what a bankruptcy will cost. The article also corrects common misconceptions about bankruptcy.

Essentials About Credit Reporting

October 28, 2022

Understanding how a credit report works and how it affects a family is critical in allowing families to make the right choices in dealing with debt and other obligations. This article sets out what families in financial difficulty should know about credit reporting and credit scores, including what they are, at what point non-payment affects a…

Student Loan Repayment Rights

October 28, 2022

The federal government has extraordinary powers to collect federal student loans if borrowers don’t pay. This article explains consumer rights to cancel, reduce, or delay federal student loan payments. Also covered are ways to get out of default short of paying past due amounts, how to respond to the government’s collection methods, and rights concerning private student loans.

Defending a Home from Foreclosure

October 28, 2022

This article, the third in a series that deals with home mortgages, explains a homeowner’s general rights to defend or delay a pending home foreclosure, how a chapter 13 bankruptcy can avoid foreclosure, the homeowner’s rights after the foreclosure sale, and additional rights to deal with nine special types of foreclosures.

Current Options to Lower Mortgage Payments

October 28, 2022

This article, the second in the series that deals with home mortgages, details options to lowering or delaying mortgage payments for Fannie Mae, Freddie Mac, FHA, VA, and RHS mortgages.

What Every Homeowner Should Know About Mortgage Payments

October 28, 2022

Mortgage problems tend to have a snowballing effect if not resolved quickly. This article covers how to obtain information about your mortgage payments, what happens if you make only a partial payment, disputing the amount due, and key information about escrow, property taxes, and insurance.

Criminal Justice Debt: Consumer Debt Advice from NCLC

October 28, 2022

Widespread criminal justice debt—arising from fines, fees, costs, and more—has an outsized impact on consumers, including millions of drivers losing their licenses, seizure of income and assets, and even incarceration. This article provides advice on limiting these consequences and asserting rights against collection of criminal justice debt.

Consumer Advice: Dealing with Debt Collectors After New Reg. F

October 28, 2022

Advice to consumers in dealing with debt collectors, taking into consideration new consumer rights and new consumer risks flowing from federal rules that just went into effect on November 30, 2021. This article provides nine ways to stop debt harassment, with sample letters; explains the limits of what collectors can really do; and lists illegal debt…

Wage Garnishment and Bank Account Seizures

October 28, 2022

Creditors and debt buyers bring millions of collection lawsuits which usually result in a court judgment for the creditor or debt buyer. This article focuses on consumer rights and strategies to deal with your civil court judgment debt.

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