Credit Card Lawsuit | Student Loans

PA Debt Collection Laws

For today’s blog post I want to talk about some general collection issues and terms that we get asked about quite often.   Let’s start with the Statute of Limitations.   The Statute of Limitations (SOL) for credit card debt in Pennsylvania is 4 years (3 years on some cases).   Well, 4 years from when, exactly?   The…

Student Loans

ITT Tech Problems

As you may have heard, ITT Technical Institute recently closed its doors, leaving thousands of students nationwide stuck in “no man’s land”.  The closing occurred because the Department of Education ruled that ITT could not accept any new students who used federal loan funding.  The Department of Ed also required ITT to set aside almost…

Student Loan Default
Student Loans

Student Loan Default

Have you missed a payment on a federal student loan?  Does that meant that you are in default? What can they do to me?  Missing a payment on a student loan is not the end of the world and it does not mean that you are in default.  If you miss alot of payments and…

National Collegiate Student Loan Trust
Student Loans

National Collegiate Student Loan Trust

We’ve defended a number of National Collegiate Student Loan Trust cases over the last few years.  Initially, in mid 2012, there was an onslaught of new client inquiries.  We were getting calls every hour about these cases.  We were retained on a number of them, and we have been successful on all of them.  Then,…

Student Loan Law Conference
Student Loans

Student Loan Law Conference

I’ve just returned from a Student Loan Law Conference offered by student loan law gurus Josh Cohen and Jay Fleischman.  The conference was a refresher/update course for those few of us who handle student loan issues.  We discussed several topics, including changes to the Income Driven Repayment programs, how to get the word out about…