Bankruptcy, Foreclosure & Loan Modification Posts in May, 2012

Judge Rules Woman’s Law School Debt Forgiven due to Asperger’s Syndrome

A judge has ruled that a Maryland woman will not have to pay back her law school debt due to her diagnosis of Asperger’s Syndrome. U. S. Bankruptcy Judge Robert Gordon of the District of Maryland on May 17th ruled that Carol Todd met the often difficult burden of showing that she is incapable of repaying a debt of almost $340,000 in law school loans....
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Are Student Loan Settlement Companies a Viable Option?

As the economy worsened and more people began looking for relief, debt settlement companies that claim to provide student loan settlement started to crop up across the country. Currently Americans owe more on student loans than they do on their credit cards. As a result, companies are expanding into so-called student loan settlement services. Are these companies really a legitimate option to for erasing student debt?...
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Do you know Ms. Dalton?… Apparently, at least ten banks do

If you have been served with foreclosure documents, attached to the complaint is a document called a note. Also included may be various other documents and affidavits executed by banks. These documents, which claim to be executed by banks, must bear a signature from an authorized employee at that bank. We have recently found that Margaret Dalton has executed different documents on behalf of at least ten different lenders, usually in her capacity as Vice President. This means that some of these documents may not be valid....
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  • Newland & Newland LLP, Attorneys, Arlington Heights, IL