Search for: "Responsible Debt Relief Institute"
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3 Mar 2020, 11:54 am
So it should come as no surprise that debt-relief legal and regulatory issues are back in the spotlight. [read post]
4 Jan 2017, 9:30 pm
Given the Department’s responsibility for student debt collection, putting these powers to work means the it foregoes some of the revenue that it is charged with collecting. [read post]
12 Oct 2021, 7:11 am
As a rule, it’s a percentage of your initial If you pay off that debt responsibly, the court will forgive the rest of the debt. [read post]
28 Dec 2020, 2:24 pm
The latter is found in Division N of the lengthy bill (which runs over 5600 pages) entitled “Additional Coronavirus Response and Relief. [read post]
21 Feb 2016, 1:43 pm
Debt relief, a key element in the deal, has also been postponed. [read post]
7 Feb 2009, 6:18 am
However, some individuals must file for Chapter 11 relief because of the amount of the debt they owe. [read post]
13 Feb 2012, 4:31 am
The Obama Administration’s proposed budget reissues the call for a Financial Crisis Responsibility Fee on the largest financial institutions to fully compensate taxpayers for the extraordinary support they provided to the financial sector through the Troubled Asset Relief Program (TARP) and other Government actions. [read post]
22 Mar 2023, 6:57 am
The student debt crisis is not about personal responsibility, it is about societal responsibility. [read post]
22 Aug 2018, 7:06 am
Your debt will be wiped out, and you will not be responsible for making any more payments. [read post]
9 Apr 2020, 11:00 pm
The Interagency Statement provides that, generally, a loan modification does not constitute a troubled debt restructuring if such loan modification is: made with respect to a borrower that is current on existing loans; provides short-term relief; and made in good faith in response to COVID-19. [read post]
9 Jul 2015, 11:52 pm
The total relief to consumers includes debt relief associated with halting collections on more than 528,000 consumers’ accounts and at least $50 million in refunds. [read post]
21 Dec 2020, 2:33 pm
Typically, forgiven debt is considered taxable income. [read post]
15 Mar 2010, 4:05 pm
First, Ecuador specifically refused to claim that its debt was unsustainable by IMF metrics conventionally used as a threshold for sovereign debt relief in the absence of a formal bankruptcy regime. [read post]
3 Aug 2010, 8:19 am
The amendments extend the Telemarketing Sales Rule to cover calls consumers make to these firms in response to debt relief advertising.The advance fee ban provision is effective on October 27, 2010. [read post]
8 Apr 2021, 12:12 pm
The Republican members of the Senate Budget & Appropriations Committee outlined a proposed framework for the State of New Jersey to responsibly utilize $6.5 billion in new federal relief funds with legislative approval. [read post]
24 May 2020, 7:00 am
Africa’s Unified Response In late March and early April, African leaders across the continent made unprecedented public calls for debt service relief from China. [read post]
1 May 2019, 7:30 am
Given that reporting financial institutions are responsible for issuing Form 1099-C in a timely and accurate fashion, often fail to do so correctly and face no consequences if they don’t, this is potentially a very important rule to know. [read post]
13 Feb 2014, 7:35 am
Additionally, the CFPB obtained a judgment against a non-bank debt relief company for its alleged "abusive" practice of collecting advance fees from consumers who the company knew could not afford to complete the debt relief program. [read post]
3 Jan 2017, 9:28 pm
This is a problem, as the essays will explore, that largely stems from the fact that the Department views maximizing collection as its primary responsibility with respect to student debt. [read post]
31 Jan 2023, 11:00 am
When the Biden administration’s student debt relief plan comes before the Supreme Court next month, it could benefit from an unlikely ally: inflation. [read post]
