Student Loan Consolidation – Part 2

Today we continue our series on Student Loans, written by Sader Law Firm attorney Megan Dennis. PART 2:  LOAN CONSOLIDATION When a person first finishes school, one of the main topics of conversation amongst their peers will be the much dreaded student loan repayment.  Some people will brag about the low interest rate they locked in by consolidating their student loans.  Others will indicate that they opted to...

Student Loans – Pay As You Earn

There’s a lot of buzz right now regarding student loans, especially in light of the new repayment plan put into place by the U.S. Department of Education on December 21, 2012, called the Pay As You Earn Repayment Plan.  So what exactly is the Pay As You Earn Repayment Plan?  How is it different from the Standard Repayment Plan?  What is loan consolidation?  Is there any way to have my student loans...

Rebuild Credit After Bankruptcy

People file for bankruptcy for any number of reasons. They may have used credit cards a bit too often. A recent divorce or death in the family may have made times difficult. Or, a string of bad luck involving unemployment and unexpected medical bills may have led to financial problems. Bankruptcy may be the best opportunity for someone to reorganize their finances so that their future earnings are going toward...

Father’s can always make it right. Right?

In light of Father’s Day approaching, I decided to write this article about fathers.  Fathers play a huge role in their children’s lives.  My father taught me that a true gentleman always holds the door open for a lady and that if a lady is cold, a guy should give her his jacket.  He taught me that a baseball game is not about who wins or loses – it’s about enjoying the weather, the company, and the...

The Best Post-Bankruptcy Credit Cards

Bankruptcy can negatively impact every aspect of your life, but it has a particularly terrible effect on your credit score. A declaration of bankruptcy can sink your credit rating by as much as 220 points for seven years or more. That’s enough to take a “good” score down to “poor,” which means that you won’t be able to enjoy your low interest rates, cash back rewards and high spending limits for a...