the Upsolve Team
Upsolve is fortunate to have a remarkable team of bankruptcy attorneys, as well as finance and consumer rights professionals, as contributing writers to help us keep our content up to date, informative, and helpful to everyone.
Articles written by the Upsolve Team
Consequences of Not Paying Student Loans: Explained
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated September 23, 2024
Federal student loan payments are set to resume in October 2023. If you can’t make your student loan payments your credit score, employment opportunities, and emotional well-being can all be affected. This article explains the consequences you may face if you don’t make your student loan payments and proposes some strategies to deal with student loan debt when you can’t make your monthly payment.
Read More →What Are the Oregon Bankruptcy Exemptions?
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated September 17, 2024
If you’ve lived in Oregon for at least two years when you file bankruptcy, you can choose between the state or federal bankruptcy exemptions. Generally speaking, if you’re filing alone and you own a home, you’ll get great protection using Oregon’s state exemptions. If you don’t own a home, you may benefit more from federal exemptions, which provide a more generous exemption for your car and a wildcard exemption you can use to protect any property not otherwise protected.
Read More →What Are the Illinois Bankruptcy Exemptions?
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated September 17, 2024
If you’ve been an Illinois resident for at least two years, you’ll need to use the state’s exemptions if you file Chapter 7 bankruptcy. Exemptions help you protect important property, from your household furnishings and clothing to your car and retirement accounts. The homestead exemption in Illinois is $15,000 (or $30,000 if you’re married and filing jointly). The motor vehicle exemption is $2,400. Illinois also offers a $4,000 wildcard exemption.
Read More →What Are the Michigan Bankruptcy Exemptions?
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated September 5, 2024
If you’ve lived in Michigan for at least two years when you file bankruptcy, you can choose between the state’s exemptions or the federal bankruptcy exemptions. Both have the same aim — to help you protect your property. Michigan has a higher homestead exemption than the federal government ($46,125 vs. $27,900). But if you aren’t a homeowner, the federal exemptions for personal property, including your vehicle, are more generous.
Read More →How To Win Against Radius Global Solutions
Written by the Upsolve Team.
Updated August 21, 2024
Radius Global Solutions LLC is a debt collection agency. If they’re contacting you, they probably bought one of your accounts from a creditor and are now attempting to collect the debt. Before you pay, make sure the debt is legitimate. If it is, try to negotiate a debt settlement to pay less than you owe and get the account settled. If you ignore Radius Global Solutions and their collection efforts, they may file a lawsuit against you. If they sue you, respond right away.
Read More →How To Win Against FBCS
Written by the Upsolve Team.
Updated August 21, 2024
FBCS is a third-party debt collector, so if they contact you, they’re probably trying to collect on a debt account. Before you pay anything, have FBCS validate the debt and confirm its details. Then you can decide what to do next. If you disagree with any aspect of the debt, you can file a dispute. If you agree you owe the debt and want to pay it, you can pay it in full or try to settle the debt for less than the full amount. If FBCS sues you, you’ll need to respond to the lawsuit.
Read More →How To Win Against Central Portfolio Control
Written by the Upsolve Team.
Updated August 21, 2024
If Central Portfolio Control contacts you, they probably bought a debt they believe you owe. Before paying anything, you need to validate the debt to confirm that it’s legitimate. If it is, figure out how much you can pay and begin debt settlement negotiations. If Central Portfolio Control is suing you for unpaid debt, you need to respond — even if you’re in the middle of settling the debt — and follow court procedures.
Read More →How To Win Against 11 Charter Communications
Written by the Upsolve Team.
Updated August 21, 2024
11 Charter Communications is in charge of debt collection for Charter Communications Inc, better known as Spectrum. After confirming that you have an unpaid debt with Spectrum, you can negotiate a debt settlement with 11 Charter Communications to clear the debt. If 11 Charter Communications files a debt collection lawsuit against you, you can respond on your own by filing an answer form.
Read More →How To Win Against Wakefield AND Associates
Written by the Upsolve Team.
Updated August 21, 2024
If Wakefield and Associates contacts you to collect a debt, make sure they’ve validated the debt before you decide what to do next. If they can prove the debt is valid but you disagree with the amount, you can dispute it. If you agree you owe that amount but can’t pay in full, try to negotiate a settlement to pay less. If Wakefield and Associates sues you, you must respond to their lawsuit even if you’re still negotiating the debt to avoid negative consequences.
Read More →How To Win Against Northstar Location Services
Written by the Upsolve Team.
Updated August 21, 2024
Northstar Location Services is a debt collection agency. If they reach out to you, you need to take action. Start by validating the debt they claim you owe. If the debt is accurate and you agree you owe it, consider negotiating a debt settlement to pay only a portion of the full amount. If Northstar sues you, respond immediately by filing an answer form. You don’t have to hire a lawyer to respond to the lawsuit.
Read More →How To Win Against CBE Group
Written by the Upsolve Team.
Updated August 21, 2024
CBE Group (The CBE Group Inc) is a debt collection agency specializing in consumer debt collection. If CBE Group contacts you, then they have bought a debt of yours from a creditor or lender. Before you pay anything toward the debt, validate it to make sure it is legitimate. Then, figure out how much of the debt you can reasonably pay, and begin debt settlement negotiations. If CBE Group is suing you for unpaid debt, respond to the lawsuit immediately.
Read More →How To Win Against Cavalry SPV I LLC
Written by the Upsolve Team.
Updated August 21, 2024
If Cavalry SPV I LLC (Cavalry Portfolio Services LLC) contacts you, the most important thing you can do is to take action. You need to validate the debt and decide what you want to do next. You can either dispute the debt (if there are inaccuracies or if you disagree with the debt) or negotiate a debt settlement and pay less than the total debt amount. Unfortunately, if you ignore Cavalry and their collection efforts, they can file a lawsuit against you. If Cavalry files a lawsuit against you, you need to respond quickly. Read this article to find out how.
Read More →How To Win Against Pressler, Felt & Warshaw LLP
Written by the Upsolve Team.
Updated August 21, 2024
Pressler, Felt & Warshaw LLP will contact you when they’re trying to collect a debt or inform you that they’ve sued you to collect a debt. If Pressler hasn’t sued you yet, you can fight back by making them validate the debt. If the debt is valid, you can try to settle it for less than what you owe. If you’ve been sued, respond to the lawsuit even if you’re trying to negotiate a settlement. Keep reading to find out how.
Read More →How To Win Against Resurgent Capital Services
Written by the Upsolve Team.
Updated August 21, 2024
If Resurgent Capital Services is reaching out to you, they’re likely trying to collect a debt. Before taking action or paying anything, make sure the debt they’re claiming you owe is valid. If it is, and you can’t afford to pay it, you can negotiate a debt settlement to pay less than you owe and settle the account for good. If Resurgent Capital Services sues you, respond immediately by filing an answer form. Read this article to learn how to win against a debt collector like Resurgent Capital Services.
Read More →How To Win Against United Collection Bureau
Written by the Upsolve Team.
Updated August 21, 2024
United Collection Bureau (UCB) is a debt collection agency. If UCB is reaching out to you, you may owe a debt that belongs to them. After confirming you owe the debt, you can negotiate a debt settlement for less than what you owe overall. If UCB files a lawsuit against you, respond immediately by filing an answer form and following all court procedures.
Read More →How To Win Against Harris & Harris
Written by the Upsolve Team.
Updated August 21, 2024
If Harris & Harris contacts you, respond and take action, as they are a recognized debt collection agency. Before you pay anything, validate the debt to confirm it is accurate and yours. If the debt is legitimate, you need to figure out how much of the debt you can pay and begin debt settlement negotiations. If Harris & Harris is suing you for unpaid debt, you can respond by using an answer form — even if you’re in the middle of negotiating or settling — and following your court’s procedures.
Read More →How To Win Against Capio Partners
Written by the Upsolve Team.
Updated August 21, 2024
If Capio Partners contacts you to try to collect a debt, the best thing you can do is get informed and respond. Before paying anything, validate the debt. If it’s your debt but you can’t afford to pay it, make a settlement offer to pay less than the original amount owed. If it isn’t your debt, dispute it. Capio is unlikely to sue, but if they do, you can probably still negotiate as long as you also meet the requirements of the lawsuit.
Read More →How To Win Against Halsted Financial Services
Written by the Upsolve Team.
Updated August 21, 2024
Dealing with debt collectors like Halsted Financial Services requires assertiveness and action. You can effectively defend yourself by understanding your rights, validating the debt, negotiating a settlement, or seeking legal assistance if necessary. You have options when facing debt collection by Halsted Financial Services, and with the right approach, you can navigate this challenging situation successfully. Continue reading to learn how you can take action to help you win by asserting your consumer rights.
Read More →How To Win Against Frost-Arnett Company
Written by the Upsolve Team. Legally reviewed by Jonathan Petts
Updated August 21, 2024
Frost-Arnett is a debt collection agency. If Frost-Arnett contacts you, they’re probably trying to collect a past-due medical debt on behalf of a healthcare company they bought the debt from. If the debt is legitimate, you likely have to pay or face serious consequences. But don’t fret! You may not have to pay the full amount. You can try to negotiate a debt settlement to pay a portion of the debt and settle the account for good. If Frost-Arnett repeatedly contacts you and you ignore them, they could file a lawsuit against you. Respond to the lawsuit right away by filing an answer form with your court.
Read More →How To Deal With CCS Offices
Written by the Upsolve Team.
Updated August 21, 2024
CCS Offices is a debt collector that focuses on consumer debts, including unpaid healthcare invoices and credit card bills. If CCS Offices contacts you, don’t panic. Given how the debt collection business works, there could be a mistake or error. The first thing you should do is have CCS Offices validate the debt. If they do, you can decide to dispute the debt, negotiate a debt settlement, or do nothing. Read on to learn more about these options and what they mean for you.
Read More →How To Deal With Radius Global Solutions
Written by the Upsolve Team.
Updated August 21, 2024
Radius Global Solutions LLC is a legitimate debt collection agency that focuses on consumer debts. If Radius Global Solutions contacts you, validate the debt before you do anything else. Once you verify that the debt is yours, you can choose how to proceed. The main options you have are disputing the debt (if the information is incorrect or you disagree with the debt amount) or negotiating a settlement.
Read More →How To Deal With Harris & Harris
Written by the Upsolve Team.
Updated August 21, 2024
Harris & Harris is a legitimate debt collection agency focusing on consumer debts — specifically healthcare, government, and utility debt. If Harris & Harris contacts you, you should first validate the alleged debt. Once you verify that the debt belongs to you, you can choose how to move forward. The main options are to dispute the debt (if the information is incorrect or you disagree with the debt amount) or to negotiate a settlement so you end up paying a portion of the debt.
Read More →How To Deal With Cavalry SPV I LLC
Written by the Upsolve Team.
Updated August 21, 2024
Cavalry SPV I LLC (Cavalry Portfolio Services LLC) is a legitimate debt collection agency focusing on consumer debts, like credit card debt. If Cavalry SPV I LLC is contacting you, the first thing you’ll want to do is validate the debt. Once you verify that the debt belongs to you, you can choose how to deal with Cavalry. The main options you have are disputing the debt (if the information is incorrect or you disagree with the debt amount) or negotiating a settlement to pay less than you owe and resolve the matter.
Read More →How To Deal With Midland Funding LLC
Written by the Upsolve Team.
Updated August 21, 2024
Midland Funding LLC is a legitimate debt collection agency that focuses on consumer debts under their parent company, Encore Capital Group — a major debt buyer. If Midland contacts you, you should first validate the alleged debt. Once you verify that the debt belongs to you, you can choose how to deal with Midland. Your main options are disputing the debt (if the information is incorrect or you disagree with the debt amount), or negotiating a settlement so you end up paying a portion of the debt.
Read More →How To Deal With MBA Law
Written by the Upsolve Team.
Updated August 21, 2024
MBA Law is a debt collection business that focuses on collecting medical debt. They usually start the process by mailing letters or notices to individuals with unpaid medical bills. If you receive a letter from MBA Law, validate the debt before you do anything else. If the debt is valid, you can then decide to pay it, contest it, negotiate a debt settlement, or ignore it (not recommended). Read on to learn more about these options and what they mean for your finances.
Read More →How To Deal With Pressler, Felt & Warshaw LLP
Written by the Upsolve Team.
Updated August 21, 2024
Pressler, Felt & Warshaw LLP is a debt collection law firm that represents creditors, debt collectors, and debt buyers. Pressler mostly collects consumer debts, like past-due credit card debt. They may initially contact you to collect a debt or to notify you that they filed a lawsuit against you. If Pressler, Felt & Warshaw reaches out to you, the first thing you should do is validate the debt. This guide explains how to do this and discusses your other options, such as disputing the debt or negotiating a debt settlement.
Read More →How To Deal With RMP Services
Written by the Upsolve Team.
Updated August 21, 2024
Receivables Management Partners LLC (RMP Services) is a legitimate debt collection agency focusing on medical debt. If RMP Services contacts you, the first thing you’ll want to do is validate the debt. Once you verify that the debt belongs to you, you can choose how to deal with the collection agency. The main options you have are disputing the debt (if the information is incorrect or you disagree with the debt amount) or negotiating to pay a lower amount.
Read More →How To Deal With United Collection Bureau Inc.
Written by the Upsolve Team.
Updated August 21, 2024
United Collection Bureau Inc. (UCB) is a legitimate debt collection agency that focuses on consumer debts. If UCB contacts you, the first thing you need to do is validate the alleged debt. After confirming the debt is yours, you can decide how to address the situation with UCB. You can dispute the debt if there are inaccuracies or if you disagree with the debt amount, or you can negotiate the down amount down by offering a debt settlement.
Read More →How To Deal With Aldous & Associates
Written by the Upsolve Team.
Updated August 21, 2024
Aldous & Associates PLLC is a legitimate law firm and debt collection agency that focuses on consumer debts in the health and fitness industry as well as telecommunications and property management. If Aldous & Associates contacts you, you’ll first want to validate the debt. Once you’ve confirmed that the debt is yours, you’re in control of how you want to move forward with Aldous & Associates. Rest assured, you have options. You can dispute (challenge) the debt if there are any mistakes or you don’t agree with the amount, or you can negotiate to settle the debt by paying only a portion of the total debt owed. You get to decide which approach works best for you and your financial situation.
Read More →How To Deal With Revco Solutions
Written by the Upsolve Team.
Updated August 21, 2024
Revco Solutions is a consumer debt collector and primarily collects past-due medical bills for its clients. In some cases, they also collect other types of consumer debt. If Revco Solutions contacts you, ask them to validate the debt before you do anything else. If they prove the debt is valid, you can decide how to proceed. You can dispute the debt, pay it in full, or negotiate the amount down.
Read More →How To Deal With Northstar Location Services
Written by the Upsolve Team.
Updated August 21, 2024
Northstar Location Services LLC (a part of The Northstar Companies) is a legitimate debt collection agency that collects consumer debts. If Northstar contacts you, you need to validate the debt to ensure it is legitimate. After you confirm the debt is real and yours, you have a couple of options for moving forward with Northstar. You can dispute the debt (especially if you find inaccuracies or disagree with the specified amount), or you can negotiate to settle the debt. If you negotiate to settle the debt, you pay a portion of the total amount owed.
Read More →How To Deal With FBCS
Written by the Upsolve Team.
Updated August 21, 2024
FBCS is a debt collection agency that works for clients in various consumer and commercial industries. FBCS uses multiple collection methods, including phone calls and letters. No matter how FBCS contacts you, the first thing you should do is validate the debt. This guide explains how to verify a debt and goes over the options of disputing the debt and negotiating a debt settlement.
Read More →How To Deal With Halsted Financial Services
Written by the Upsolve Team.
Updated August 21, 2024
Halsted Financial Services is a debt collection agency with a primary focus on past-due consumer debts, such as personal loans, credit cards, and medical bills. If Halsted Financial Services calls you or sends you letters to collect a debt, ask them to validate the debt. This article explains how to verify a debt and explores your options, such as contesting the debt, negotiating a debt settlement, or ignoring the debt (not advised).
Read More →How To Deal With Capio Partners
Written by the Upsolve Team.
Updated August 21, 2024
Capio Partners LLC is a third-party debt collection agency. They focus primarily on collecting past-due medical debt. If Capio Partners contacts you, make sure they validate the debt in writing before you do anything else. If the debt amount is wrong or you don’t owe the debt, dispute it. If you agree that you owe the debt, you can try to set up a payment plan or negotiate a debt settlement to pay less than the full amount you owe.
Read More →How To Deal With DCM Services
Written by the Upsolve Team.
Updated August 21, 2024
DCM Services is a third-party debt collection agency that focuses on estate debt. They go after unpaid bills of people who have died by contacting their relatives. If DCM Services is contacting you, refrain from giving them any information until they validate the debt. Initially, they may be reaching out to identify the personal representative of the estate. Since DCM Services purchases debts from original creditors and lenders, they often have incorrect or incomplete information. If you think you rightfully owe DCM Services and are unable to pay, you should consider hiring a lawyer. This form of debt collection, especially with medical bills of the deceased, is a legally gray area, so it’s advisable to get professional help.
Read More →How To Deal With Wakefield & Associates
Written by the Upsolve Team. Legally reviewed by Jonathan Petts
Updated August 21, 2024
Wakefield & Associates is a prolific debt collector in the United States that specializes in collecting medical debts. If Wakefield & Associates contacts you, the first thing you should do is validate the debt. This article explains the validation process and discusses your available options, like filing a dispute, negotiating a debt settlement, or ignoring the debt (which isn’t recommended).
Read More →Want To Get Rid of Student Loans? Try These 6 Ideas
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated August 21, 2024
If you feel like you’re drowning in student loan debt and need help managing or getting rid of it, you’re in luck. In this article, we rounded up six potential options to deal with overwhelming student loan debt, including loan forgiveness programs, loan discharge programs, loan settlement options, repayment plans, refinancing options, and bankruptcy.
Read More →Is an Income-Contingent Repayment Plan Right for You?
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated August 21, 2024
The Income-Contingent Repayment (ICR) Plan is one of four income-driven repayment options for federal student loans. It’s the only one of these four options that parent PLUS borrowers can utilize, which is one of the main upsides, if you have that kind of loan. The ICR has the longest repayment period of any income-driven plan at 25 years. This allows for lower monthly payments for borrowers but, the total amount paid over the loan's lifespan, including interest, is generally higher compared to other plans.
Read More →What Is Mortgage Deferral and How Does It Help Homeowners?
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated August 21, 2024
If you’re experiencing a temporary hardship and need a little breathing room on your mortgage payments, you may be able to get a deferral or you can ask your lender for a late fee waiver. A mortgage payment deferral is designed to help you get back on track so that you can keep making your payments on time.
Read More →How Long Do I Have To Work To Qualify for Unemployment?
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated August 20, 2024
While all states follow unemployment insurance guidelines set by federal law, each state is free to establish the eligibility requirements for unemployment benefits in their state. Because each state has different laws about the eligibility requirement for unemployment benefits, the amount of time required to qualify will depend on the laws of your state. This article will summarize the amount of time that UI claimants must work to qualify for benefits.
Read More →PACER Guide: How To Get Your Court Notices Without an Attorney
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated August 20, 2024
PACER stands for Public Access to Court Electronic Records. It’s a system to access case information, the docket, and the documents filed in a particular case electronically.
Read More →How Do I Find an Affordable Bankruptcy Attorney?
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated August 20, 2024
While you don’t have to hire a lawyer to file a bankruptcy case, you may want legal assistance. If so, there are several resources you can use to find an affordable bankruptcy attorney, including your state bar association’s website, the National Association of Consumer Bankruptcy Attorneys, or a local legal aid organization. Many bankruptcy lawyers also offer a free consultation for prospective clients. You can get free legal advice during the consultation and learn more about the lawyer’s fees and options for paying them.
Read More →What Debts Can't You Get Rid of in Bankruptcy?
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated August 20, 2024
Though bankruptcy provides real debt relief for folks who are struggling to make ends meet, not every debt is treated equally under bankruptcy law. Bankruptcy is a great way to get rid of credit card debt, medical bills, and personal and payday loans. But bankruptcy can’t wipe out recent income tax you owe, alimony, child support, or debt incurred from illegal acts (embezzlement, larceny, etc.) Though there’s a common misconception that student loan debt can’t be erased in bankruptcy, you can discharge, or wipe out, your student loan debt in Chapter 7 or Chapter 13 bankruptcy. You must prove that repaying it is causing undue hardship and that you’ve made good faith efforts to pay in the past.
Read More →What Debts Can't You Get Rid of in Bankruptcy?
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated August 20, 2024
Though bankruptcy provides real debt relief for folks who are struggling to make ends meet, not every debt is treated equally under bankruptcy law. Bankruptcy is a great way to get rid of credit card debt, medical bills, and personal and payday loans. But bankruptcy can’t wipe out recent income tax you owe, alimony, child support, or debt incurred from illegal acts (embezzlement, larceny, etc.) Though there’s a common misconception that student loan debt can’t be erased in bankruptcy, you can discharge, or wipe out, your student loan debt in Chapter 7 or Chapter 13 bankruptcy. You must prove that repaying it is causing undue hardship and that you’ve made good faith efforts to pay in the past.
Read More →How To Get a Fee Waiver for Free Bankruptcy Credit Counseling
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated August 20, 2024
Everyone who wants to file for bankruptcy has to take a credit counseling course before they can do so. While there is a small cost associated with this requirement, it is possible to take the required course for free by requesting a fee waiver.
Read More →How To Get a Fee Waiver for Free Bankruptcy Credit Counseling
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated August 20, 2024
Everyone who wants to file for bankruptcy has to take a credit counseling course before they can do so. While there is a small cost associated with this requirement, it is possible to take the required course for free by requesting a fee waiver.
Read More →What Are Florida's Bankruptcy Exemptions?
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated August 14, 2024
If you’ve been a Florida resident for at least two years and you file Chapter 7 bankruptcy, you’ll need to use the state’s exemptions to protect your property. Exemptions are laws that outline how much of different kinds of property are protected when you file a bankruptcy case. Most filers see that all their property is protected. In Florida, the homestead exemption protects all the equity you have in your home, given you meet a few criteria. The motor vehicle exemption is only $1,000, but if you don’t use the homestead exemption, you can apply the $4,000 wildcard exemption to your vehicle (or any other property) as well.
Read More →What Are the Texas Bankruptcy Exemptions?
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated August 14, 2024
Texas has more generous bankruptcy exemptions than many other states. It also allows bankruptcy filers to choose whether they want to use the Texas state bankruptcy exemptions or the federal bankruptcy exemptions. In many cases, the state exemptions are more beneficial to bankruptcy filers who own a home or car. But unlike the federal exemptions, Texas doesn’t offer a wildcard exemption to protect personal property of your choosing.
Read More →What Are the Ohio Bankruptcy Exemptions?
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated August 7, 2024
Bankruptcy exemptions are rules that allow people who file for bankruptcy to keep certain important items instead of having to sell them to repay their debts. If you’re filing bankruptcy in Ohio, you must use the state’s exemptions to protect your property. Ohio has a homestead exemption of up to $161,375 for individual filers ($322,750 for married couples), a $4,450 motor vehicle exemption, and a $1,475 wildcard exemption. It also has exemptions for personal property and money benefits.
Read More →How To Deal With Debt Collectors (When You Can’t Pay)
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated August 1, 2024
If you’re being contacted by debt collectors for a debt you simply can’t repay, it’s important to know your rights to protect yourself from harassment and validate the debt. Once you know the debt is valid, look into your debt relief options. Getting a free consultation with a nonprofit credit counselor can help you understand your options and make a plan to deal with your debt.
Read More →What Is Credit Counseling?
Written by Attorney Tina Tran.
Updated August 1, 2024
Credit counseling is a great starting point for people who need help figuring out the best way to deal with their debt. Nonprofit credit counselors review your income and debt and help you develop a personalized plan to repay your debts. They’ll go over several potential debt relief solutions, including budgeting, starting a debt management plan, consolidating your debt, or filing bankruptcy.
Read More →What Is a Debt Management Plan?
Written by the Upsolve Team. Legally reviewed by Attorney Paige Hooper
Updated August 1, 2024
A debt management plan allows you to combine your debts and make one monthly payment with a lower interest rate. It's set up by a credit counselor and usually takes 3-5 years to complete. Only certain kinds of debt, such as credit card debt, can be included in a DMP. If you have a lot of debt that's secured by collateral (like a house or car loan), a DMP may not be the best option. But you can look into other debt relief options including filing Chapter 13 bankruptcy.
Read More →What Is a Debt Management Plan?
Written by the Upsolve Team. Legally reviewed by Attorney Paige Hooper
Updated August 1, 2024
A debt management plan allows you to combine your debts and make one monthly payment with a lower interest rate. It's set up by a credit counselor and usually takes 3-5 years to complete. Only certain kinds of debt, such as credit card debt, can be included in a DMP. If you have a lot of debt that's secured by collateral (like a house or car loan), a DMP may not be the best option. But you can look into other debt relief options including filing Chapter 13 bankruptcy.
Read More →What Is Debt Consolidation?
Written by the Upsolve Team. Legally reviewed by Attorney Paige Hooper
Updated August 1, 2024
Debt consolidation is when you combine multiple debts into one. The goal of consolidating your debt is to reduce your monthly payment and get a lower interest rate. It also simplifies your debt repayment, so you're less likely to miss payments each month. Debt consolidation loans and credit card balance transfers are two common types of debt consolidation.
Read More →What Is Debt Consolidation?
Written by the Upsolve Team. Legally reviewed by Attorney Paige Hooper
Updated August 1, 2024
Debt consolidation is when you combine multiple debts into one. The goal of consolidating your debt is to reduce your monthly payment and get a lower interest rate. It also simplifies your debt repayment, so you're less likely to miss payments each month. Debt consolidation loans and credit card balance transfers are two common types of debt consolidation.
Read More →Debt Relief: What Are the Options & How Do They Work?
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated August 1, 2024
Being in debt is stressful, but did you know you have several options to address your debt and find financial security? The most common debt relief options are: 1. Debt management plans (DMPs), which are facilitated by nonprofit credit counselors for a small fee 2. Debt consolidation, which includes DMPs but can also be done by taking out a personal loan or doing a credit card balance transfer to a credit card offering 0% APR for a period of time 3. Debt settlement, which is where you negotiate a discount on your debt in collections 4. Bankruptcy, which is where you file paperwork with a court to get a financial fresh start by discharing credit card debt, medical bills, utility bills, personal loans, and payday loans
Read More →What Is Debt Settlement?
Written by the Upsolve Team. Legally reviewed by Attorney Paige Hooper
Updated August 1, 2024
Debt settlement is a type of debt relief. If a creditor agrees to a debt settlement, you make a lump-sum payment for less than the total debt you owe and they forgive the rest. This can work well if you have a large sum of cash at hand. But many who've fallen behind on paying their debts don’t. If you try to save up money to settle a debt, you'll hurt your credit in the meantime if you stop making your debt payments.
Read More →What Is Debt Settlement?
Written by the Upsolve Team. Legally reviewed by Attorney Paige Hooper
Updated August 1, 2024
Debt settlement is a type of debt relief. If a creditor agrees to a debt settlement, you make a lump-sum payment for less than the total debt you owe and they forgive the rest. This can work well if you have a large sum of cash at hand. But many who've fallen behind on paying their debts don’t. If you try to save up money to settle a debt, you'll hurt your credit in the meantime if you stop making your debt payments.
Read More →Pros & Cons of Debt Settlement
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated August 1, 2024
There are pros and cons to most financial decisions. And debt settlement is no exception. Debt settlement helps you pay off old debt, but it can also hurt your credit score. You need a good credit score to get a credit card, auto loan, mortgage, and sometimes even a job. How are you supposed to get ahead if paying off your debt sets you further behind? In this article, we’ll take a closer look at the pros and cons of debt settlement, so you can decide what’s best for you.
Read More →Writing a Debt Settlement Offer Letter
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated August 1, 2024
It's usually most effective to negotiate a debt settlement over the phone with the debt collector. Once you negotiate a settlement, it's important to get the agreement in writing.
Read More →What Are the Colorado Bankruptcy Exemptions?
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated July 2, 2024
Bankruptcy exemptions help bankruptcy filers protect the property they own so they don't have to start over with nothing after their debts are discharged. Colorado has opted out of the federal bankruptcy exemptions, so residents must use the state exemptions instead. Fortunately, Colorado has generous bankruptcy exemptions, which were expanded and revised in 2022, including a $250,000 homestead exemption (for filers under 60) and a $15,000 motor vehicle exemption.
Read More →How To Pay Off Credit Card Debt When You Have No Money
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated June 10, 2024
Common advice for getting out of credit card debt, like tightening your budget and repaying high-interest accounts first, only works if you actually have extra cash to put toward your credit card debt. What are you supposed to do if you don’t have money to put toward your debt? Read this article to learn more about alternative methods for paying down credit card debt, including debt consolidation, debt management programs, and debt settlement.
Read More →What Happens if I Don’t Pay an Unsecured Loan?
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated May 21, 2024
Unsecured debt is any debt that isn’t backed by collateral. The most common types of unsecured debt are credit card debt, student loans, personal loans, cash advances, medical debt, retail store accounts, and money borrowed from family or friends. If you default on unsecured debts, the lender can send your account to a collection agency, which can lead to stressful phone calls and notices, a lowered credit score, and more difficulty getting new credit in the future.
Read More →Can I Fix Negative Information on My Credit Report?
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated April 19, 2024
This article will explain how to get your credit report and what types of information — positive and negative — will appear on your report. We'll also talk about how to fix your credit report when misinformation appears on your credit history.
Read More →How To Pay Off Collections: A Complete Guide
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated April 19, 2024
Here's how to pay off a debt in collections: Step 1: Know Your Rights Step 2: Respond to the Debt Collector or Collection Agency Step 3: Verify the Debt Step 4: Check the Statute of Limitations in Your State Step 5: Review Your Budget & Make a Payment Strategy Step 6: Get Your Agreement in Writing Step 7: Check Your Credit Report If you're struggling to repay several debts, it may be time to look into Chapter 7 bankruptcy. Filing Chapter 7 stops all collections activities (thanks to the automatic stay) and can erase most types of consumer debt.
Read More →Your Guide To Rebuilding Credit After Bankruptcy
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated April 18, 2024
A bankruptcy does not destroy your credit forever. Instead, following some simple tricks and taking advantage of the various credit repair tools can help you build a stronger credit report and higher credit score after filing for bankruptcy.
Read More →Your Guide To Rebuilding Credit After Bankruptcy
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated April 18, 2024
A bankruptcy does not destroy your credit forever. Instead, following some simple tricks and taking advantage of the various credit repair tools can help you build a stronger credit report and higher credit score after filing for bankruptcy.
Read More →Will a Car Repossession Keep You From Getting a Home Loan?
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated April 5, 2024
Repossession is one type of negative event on a credit report that can affect approval for any type of loan, especially a mortgage. While a repossession won’t directly prevent you from getting a mortgage loan, it won’t make it easy. Because everyone’s credit profile is different, it’s hard to predict the impact of a repo on anyone’s home loan application. This article will explain how a repossession can affect your credit history and how it affects getting approved for a mortgage loan.
Read More →How a Lawyer Can Help You With Car Repossession
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated April 5, 2024
Having your car taken back by a lender is understandably a terrible experience, and you might be wondering what your options are. Although there are steps you can take on your own, a lawyer knowledgeable about car repossession can help. Most importantly, they can explain the car repossession process and provide you with options specific to your situation. This article will explain how a lawyer can help you, what things lawyers cannot do in the event of a car repossession, and how to find a lawyer.
Read More →California Repossession Law
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated April 5, 2024
California law permits cars to be repossessed after one late or missed loan payment. Cars may be repossessed after missed insurance payments as well. There is no legally required grace period, and the repossession company doesn’t have to give you notice that they are repossessing your car.
Read More →Can I Lose My Tax Refund if I Default on Student Loans?
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated March 25, 2024
Yes, unfortunately your tax refund can be taken (garnished) if you’ve defaulted on your federal student loan. Federal student loans are guaranteed by the U.S. government, and the government has power over tax refunds. Only federal student loan borrowers are subject to tax garnishments. Private student loan holders can have their wages or bank account garnished, but the private lender cannot garnish your tax refund and must take extra steps, such as going through the courts, to order a garnishment. In this article, we explain the student loan tax garnishment process and give you some tips on how to keep your tax refund money safe from garnishment.
Read More →How Can I Get Free Legal Aid Help To File Bankruptcy?
Written by the Upsolve Team. Legally reviewed by Attorney Paige Hooper
Updated February 10, 2024
Legal advice can be very helpful as you navigate the bankruptcy process, but not everyone can afford to hire an attorney to help them. That's where legal aid comes in. Legal aid organizations offer free or low-cost legal help to certain individuals. Eligibility is often based on income, but sometimes age, veteran status, or other factors come into play as well. This article will describe what legal aid is, how to find out if you qualify, and what it's like to work with a legal aid organization.
Read More →Legal Aid partnering with Upsolve
Written by the Upsolve Team.
Updated February 10, 2024
Screen individual who calls for the following ten criteria. If they pass, let them know they can go to Upsolve.org to produce their paperwork and file their forms. If you have attorney resources, you can let the individual know that after they’re done preparing their forms with Upsolve, they can come back to you to get the forms reviewed.
Read More →The Florida Consumer Collection Practices Act
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated February 9, 2024
In Florida, you have even more protections from unfair collection practices than you would in other states. The Florida Consumer Collection Practices Act (FCCPA) works with the federal Fair Debt Collection Practices Act to help limit phone calls, threatening letters, and other types of unfair actions from collection agencies and other types of debt collectors. It protects Florida consumers and gives them the right to sue debt collectors that have violated the FCCPA. Keep reading to learn more about the Florida Consumer Collection Practices Act and your rights under federal and state consumer protection laws.
Read More →Understanding a Bank Levy and What You Can Do if Your Account Is Frozen
Written by Attorney William A. McCarthy. Legally reviewed by the Upsolve Team
Updated February 2, 2024
If a creditor or debt collector sues you for an unpaid debt and they win, they may be able to get a court order for a bank levy. This allows them to take funds you owe directly from your bank account. Most creditors will have to jump through some legal hoops to do this, but some government agencies can levy your bank account without first getting a court order.
Read More →Who Pays for Bankruptcies?
Written by the Upsolve Team.
Updated January 23, 2024
When individuals find themselves in debt, bankruptcy can be a solution that gives you a fresh start. But when someone files for bankruptcy, who pays for it? Learn more here.
Read More →Filing for Bankruptcy
Written by the Upsolve Team.
Updated January 23, 2024
Although filing for bankruptcy can be a difficult decision to make, it is also a solution that will release you from crippling debt. Learn everything you need to know here before you get started.
Read More →REPAYE Plan 101
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated December 21, 2023
The Revised Pay As You Earn Repayment Plan (REPAYE Plan) is an income-driven repayment (IDR) plan for federal student loans. Borrowers who aren’t in default and have an eligible federal student loan can make payments under the REPAYE Plan. It requires you to pay 10% of your discretionary income, and the repayment period is 20-25 years.
Read More →Debt Settlement Attorneys: How Can They Help?
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated December 20, 2023
One way you can get debt relief is through debt settlement. A good debt settlement attorney can help you settle your debts. They should also be able to provide advice on other debt-relief options like debt consolidation, debt management, and bankruptcy. A debt settlement lawyer may be able to help you get a better overall settlement deal. Perhaps most importantly, they can help you avoid the stress of communicating with aggressive debt collectors. This article will explain debt settlement and the benefits of hiring a debt settlement attorney.
Read More →When Will a Debt Collector Sue for Unpaid Debt?
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated December 18, 2023
Though there's no standard timeline, you may be most at risk of a debt collection lawsuit after six months of not paying your debt. If you stop making timely payments on a debt, your creditor will first attempt to collect it by sending you notices of nonpayment. This may go on for several weeks before collection attempts intensify. Eventually, the creditor may charge off the debt to a third-party collection agency. If the debt collector can’t successfully collect the debt, you may be at risk of a lawsuit.
Read More →California Debt Collection Laws
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated November 8, 2023
California has two important laws — the Rosenthal Act and the Debt Collection Licensing Act — that protect California residents against original creditor and third-party debt collector harassment and abuse. Californians also benefit from the federal Fair Debt Collection Practices Act, which offers many protections and gives you certain rights. The statute of limitations for most consumer debt is four years in California.
Read More →What Are the Pros and Cons of a Lease-To-Own Car?
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated October 30, 2023
A lease-to-own (or rent-to-own) program allows borrowers to make installment payments on a vehicle over a period of time determined in the lease. Once all the car payments have been made, the borrower (the lessee) assumes ownership of the vehicle. These arrangements can particularly benefit borrowers who have bad credit and don’t qualify for traditional leases or car loans. That said, these agreements tend to be expensive, so it’s important to understand the terms of the lease-to-own contract before you enter into one.
Read More →Should You Surrender an Unwanted Car in Bankruptcy?
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated October 27, 2023
If you’re financing a car with a car loan, you’ll need to decide how to deal with it when you file bankruptcy. If the payments are too high or you simply want to get rid of the car and the loan, you can surrender the vehicle back to the lender and have the debt discharged as part of your bankruptcy case. Often, the lender will pick up the car or schedule a mutually agreeable place to meet. If they don’t, you may need to seek legal help.
Read More →The Complete Guide To Medical Bills and Wage Garnishment
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated October 25, 2023
A healthcare provider can try to collect unpaid medical debts, just like any other debt collector might. A provider may even take legal action to garnish a patient’s wages if their collection efforts are ignored. Before a provider can take your wages, the facility or physician must sue you for nonpayment and win the case in court. If a healthcare provider wins a lawsuit against you, the court will award a judgment (court order) to the provider or its collection agent to garnish your wages. You may be able to avoid or stop a garnishment. Learn more in this article.
Read More →How To Dispute a Debt You Don’t Owe
Written by the Upsolve Team. Legally reviewed by Attorney Paige Hooper
Updated October 10, 2023
If you’re contacted about a debt you don’t owe, you’ll want to dispute it with the creditor or debt collector. Often these consumer debts are also incorrectly reported to the three major credit bureaus, so you’ll want to check your credit report, too. You can also send a dispute letter to the credit bureaus asking them to remove incorrect information. Here are the four basic steps to dispute a debt you don’t owe: 1. Ensure the debt collector has validated the debt. 2. Send a dispute letter (or the tear-off portion of the debt validation letter, which allows you to easily start the dispute process). 3. Check your credit report and send a credit dispute letter or notices of dispute to any reporting agency with inaccurate information. 4. Follow up if/as needed until the matter is resolved.
Read More →Removing a Judgment from Your Credit Report
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated September 29, 2023
Having a judgment on your credit report will lower your credit score, sometimes significantly. In some instances, though, you can get this negative information removed from your credit history. As with any item on your credit report, you have the right to dispute any judgment on your report that you feel has been made in error or has already been resolved. If a creditor has entered a judgment against you, here’s what you’ll need to do to get it removed from your credit report.
Read More →How Much Does Credit Repair Cost?
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated September 29, 2023
While a credit repair service cannot do anything that you can’t do yourself, it may be more convenient for you to enlist their help. Just remember that the cost of credit repair varies depending on the borrower’s circumstances, what type of debt they have, and what blemishes they have on their credit report. Read more to learn how to repair your credit yourself, what the benefits might be of hiring a credit repair service, and how to find a reputable one if that is the route you end up taking.
Read More →What Is a Judgment and What Do I Do About It?
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated September 29, 2023
A judgment is a court order. If a creditor obtains a debt-related judgment against you, it allows them to recover the debt. Consumer and personal debt from medical bills, car loans, credit cards, back rent, student loans, IRS debt, child support, and other overdue financial obligations can result in a judgments if you get sued for the debt and the creditor wins the lawsuit. These judgments can be structured as a monetary judgment or a judgment lien against property. Filing for bankruptcy can help you prevent, pause, or even stop, certain judgments, including wage garnishments and bank account levies.
Read More →Debt Lawyers: Who Are They & What Do They Do?
Written by the Upsolve Team. Legally reviewed by Attorney Paige Hooper
Updated September 21, 2023
As a consumer, you have certain legal rights and protections. These rights extend to your interactions with debt collectors and collection agencies. If you’re being harassed by a debt collector, you can hire a debt lawyer to help you understand and defend your rights. These attorneys can also help defend you against debt collection lawsuits. If you just need help figuring out what to do about overwhelming debt, a debt settlement lawyer can explain your debt relief options and help you pursue them successfully.
Read More →What To Do if a Debt Collector Is Calling You at Work
Written by the Upsolve Team. Legally reviewed by Attorney Paige Hooper
Updated September 19, 2023
Debt collectors can call you at work unless and until you tell them to stop calling. Under federal law, debt collectors and creditors are prohibited from contacting borrowers at work once they have reason to know that a borrower's employer doesn't permit these kinds of calls. The law does allow for other collection tactics, so it is important to know your rights concerning debt collection communications.
Read More →Stop Debt Collectors With a Cease and Desist Letter (+ Template)
Written by the Upsolve Team. Legally reviewed by Attorney Paige Hooper
Updated September 19, 2023
A cease and desist letter is a formal written request that you send a debt collector telling them to stop contacting you about a debt. Once the debt collector receives a cease and desist letter, they must stop further contact save for one final call to tell you what actions they intend to take. While sending a cease and desist letter is a good way to stop debt collectors from harassing you, it doesn’t make your debt disappear. If the debt is valid, the debt collector may choose to take legal action to recover the debt.
Read More →What’s the Best Student Loan Repayment Plan for Me?
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated September 11, 2023
The best student loan repayment plan is the one that works for you, your goals, and your financial situation. To figure out your best option, do your research and consider the pros and cons of each plan. (Hint: Consider whether the monthly payment will be affordable and also how much interest you’ll pay over the life of the loan.) Then sign up for the plan that makes the most sense for you. The good news is that the federal government provides a lot of flexibility to borrowers, and you can change your repayment plan anytime. There are four types of federal student loan repayment plans. Most borrowers stick with the 10-year Standard Repayment Plan or choose an income-driven repayment plan. Though they are less common, Graduated Repayment Plans or Extended Repayment Plans offer a smart option for some borrowers.
Read More →4 Income-Based Repayment Options for Federal Student Loans
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated September 11, 2023
There are four different income-driven repayment plans for student loan borrowers that received federal student aid. The IBR Plan, the SAVE Plan ( formerly the REPAYE Plan), the PAYE Plan, and the ICR Plan. They each have different eligibility requirements and potential benefits compared to the standard repayment plan.
Read More →Can You Get Student Loan Forgiveness if You Drop Out?
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated September 7, 2023
Most people go to college with hopes of getting a degree and creating a good life for themselves. Unfortunately, unforeseen hardships — often financial — lead many students to drop out before they finish their degree. If that’s you, know that you have options to deal with your student loan debt! You may still qualify for student loan forgiveness programs like Public Service Loan Forgiveness (PSLF), or loan forgiveness after paying on an income-based repayment plan. If you need a temporary repayment pause while you find work or figure out your next steps, you can apply for forbearance or deferment.
Read More →8 Effective Strategies To Lower Your Student Loan Payments
Written by the Upsolve Team.
Updated September 6, 2023
If you’re worried about how you’re going to make your student loan payment once the repayment pause ends this summer, it’s good you’re planning ahead and doing some research! You have many options to lower your student loan payment, including: 1. Signing up for an income-driven, graduated, or extended repayment plan 2. Enrolling in autopay 3. Refinancing or consolidating your student loans 4. Applying for deferment or forbearance 5. Requesting a temporary payment decrease or deferral (if you have a private student loan)
Read More →10 Options if You Can’t Make Your Student Loan Payments
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated September 6, 2023
If your student loans are coming due and you can’t afford the payments, don’t panic. This article explores 10 strategies to help: 1. Apply for an income-driven repayment plan. 2. Refinance your loans. 3. Seek financial counseling. 4. Increase your income and/or lower expenses. 5. Consolidate your loans. 6. Set up automatic payments. 7. Request student loan deferment. 8. Apply for student loan forbearance. 9. Negotiate with your lender. 10. File bankruptcy to erase student loans for good.
Read More →Why Do I Keep Getting Calls About Student Loans?
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated September 6, 2023
If you’re a student loan borrower, you’re probably used to receiving phone calls, letters, emails, and text messages about your student loan debt. While some of these are legitimate messages from federal loan servicers, many are scams. If you're getting calls about student loans and you don't have any loans, that's a good sign it's a scam. Below, we go into detail on how to spot/prevent a scam. Bottom line? If it seems too good to be true, it's most likely a scam.
Read More →Where Do I Find Out How Much I Owe in Student Loans?
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated September 1, 2023
If you want to go back to school, finance a house, manage your debt, or file for bankruptcy, you’ll want to find out how much you owe in student loans. It might feel like you need a degree in finance to keep track of your financial aid, but we’re here to help! Below, we detail how to figure out your federal and private student loan balance, how to manage your student loan debt, and what to do if you cannot stay on top of your student loans.
Read More →Guide to Extended Repayment Plans & Managing Student Loans
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated September 1, 2023
An Extended Repayment Plan is a student loan repayment plan that allows borrowers to lower their monthly payment amount by stretching repayment over 25 years. To qualify, you must have Direct Loans or Federal Family Education Loans (FFEL), and your loan balance must be at least $30,000. You can choose from fixed payments or graduated payments in an Extended Repayment Plan. You will not be eligible for Public Service Loan Forgiveness (PSLF) if you enroll in an extended plan.
Read More →Student Loan Forgiveness Programs for Nurses
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated September 1, 2023
Becoming a nurse takes dedication and lots of education, which means it’s likely you have at least some student loan debt. Luckily there are several specialized student loan forgiveness programs to help nurses erase their student debt. The most popular and well-known forgiveness program is the Public Service Loan Forgiveness Program (PSLF), where borrowers pay an income-based monthly payment for 10 years and then have their remaining debt forgiven. But there are other forgiveness programs as well, including the Federal Perkins Loan program, the Nurse Corps Loan Repayment Program, the National Health Service Corps (NHSC) Program, the NHSC Rural Community Program, the National Institute of Health Program, and more. Below we detail the different student loan forgiveness options as well as the qualifications for each specific program. Take a look!
Read More →What Is a Time-Barred Debt?
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated August 30, 2023
A time-barred debt is one where the creditor has missed the deadline to legally bring a claim against you in court. Unfortunately, debt collectors may still try to contact you about old debts that are time-barred by the statute of limitations. But there are ways to deal with these debt collectors. Read this article to learn more about how to tell if your debt is covered by a statute of limitations and what to do if you’re contacted by a creditor that is trying to collect a time-barred debt.
Read More →Can You Remove Collection Accounts From Your Credit Report?
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated August 30, 2023
If you have a debt sent to collections, it will be recorded on your credit report and hurt your credit score. Sometimes collections accounts are incorrectly reported or reported on old debt. If there are errors regarding collections accounts on your credit report, you have the legal right to dispute them and have them removed. This shouldn't cost you anything. You can also write a goodwill letter to ask the creditor or collection agency to remove the collections account from your report. This isn’t guaranteed to work, but it won’t hurt to ask. If the information about the collections account is correct and current, you can’t have it removed from your credit report. Be aware that so-called credit repair companies that offer to clean up your credit report for a fee may be a scam.
Read More →Student Loan Forgiveness for Healthcare Workers: The Ultimate Guide
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated August 29, 2023
There are many programs designed specifically for healthcare workers to receive student loan forgiveness. Most serve specific types of healthcare workers and have other requirements around the length of time you work in healthcare and where you work. Consider each of these factors as you look at your options. If you’re struggling to pay your loans, you can also consider applying for a loan deferment or forbearance or switching to an income-driven repayment plan to help make your monthly payments more manageable.
Read More →What Is the Standard Repayment Plan for Student Loans?
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated August 29, 2023
Standard repayment plans are available thanks to several different repayment option choices. These plans include extended, graduated, income-contingent, and income-based. All of these options provide borrowers with the ability to lower their monthly payments or extend the term of their loan thereby keeping their payments low.
Read More →5 Solid Steps for Negotiating With Debt Collectors
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated August 25, 2023
If your debt has been turned over to a debt collection agency, negotiating with that debt collector may seem intimidating. But in many cases, negotiating with creditors or lenders isn’t as hard as you may think. To successfully negotiate a debt settlement agreement: - Verify the debt and debt collector - Know your rights - Review your finances and develop a plan - Start negotiating the settlement and be prepared for counteroffers - Get the agreement in writing
Read More →Yes, Your Paycheck Can Be Garnished if You Don’t Pay Your Student Loans
Written by the Upsolve Team. Legally reviewed by Attorney Andrea Wimmer
Updated August 23, 2023
If you fall behind on your student loan payments, the lender may garnish your wages. This means that a portion of your paycheck will be withheld by your employer and sent directly to your loan servicer to repay your debt. Wage garnishment can have a significant impact on your finances and make it difficult to meet your basic living expenses. However, you have options available to avoid default and wage garnishment, such as loan consolidation, income-driven repayment plans, and loan rehabilitation. It's important to understand your rights and options when it comes to repaying your student loans to avoid wage garnishment and other negative consequences.
Read More →