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General Discussion / student loan 12 years old...
Last post by gabeperron1171 - Today at 02:32:26 pm
Seriously my loan was taken out 12 years ago. September 2007. I took out a total of 8000$

I got nothing out of my education whatsoever it was a complete waste of time. But lets not elaborate on that right now.

I have tried to pay it down over the years i got it down to about 4500 by some military service, and well i just kinda gave up.

So the past few years i have been living off the radar just traveling and living and abroad basically not generating any income whatsoever. It has been a nice change after military service.

The NSLC has been kind enough not to rape me with interest since i have been away for so long.

Anyway i begin to wonder, i am loads happier not having any income and just working for room and board in fact it has become a lifestyle that i want to keep.

to elaborate maybe i won't be able to generate the rest of my payment so i wonder how long does it take before it clears?

I just log in to the service canada site and i see my loan is still displayed there just like so many years ago and of course i have a 0 balance on my last three tax returns. So thats my proof if anyone is wondering.
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Ask a Question / Re: IBR Question
Last post by TheCollegeInvestor - Today at 08:29:23 am
It's actually a bigger tax issue than student loan issue. You should speak with a tax professional/CPA and understand how your taxes might change.

Then, while sitting together, run the student loan repayment estimator here: https://studentloans.gov/myDirectLoan/repaymentEstimator.action

You can then compare your tax difference to loan payment savings and see what makes sense.
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Student Loan Scams / DDR scammed me
Last post by mylielong - Today at 07:08:52 am
They take Advantage of people by lying to them saying that they will get rid of their debt with programs and they don't all the do is out your loans on hold and charge you monthly , When you contact your "advisor" They never answer and you can never get a hold of them. They are a SCAM! Documents done right is a con artist.

Adding on to what I said , no you won't find me because no it wasn't me you scammed money from it was my wife ! So you stole from the both of us over 1,000 in money . Not another company . And I'm obviously not going to put her name because I'm speak to our bank about fraud to report you guys ! Not another company YOU GUYS so if you want to get your loans forgiven speak to the department of education not these con artist.
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General Discussion / Re: National Legal Staffing Su...
Last post by Legal Gun For Hire - July 18, 2019, 09:03:29 pm
STOP> DO NOT PAY THEM ONE CENT. I KNOW SOMEONE WHO WENT TO WORK FOR THEIR FOUNDERS, WE WILL CALL THEM j FOR THE MONEY BACKING AND g FOR THE X BOYFRIEND. THEY MADE 26 MILLION LAST YEAR I HEARD AND j SAYS THAT G RELAPSED ON CRACK LAST EAR AND SHE BEING THE FORMER OWNER OF A REHAB CENTER I UNDERSTAND HAS LOST HER MIND AND SOMEONE SAW A PLATE WITH CHORE BOY BURNT AND LITTLE WHITE ROCKS IN HER DESK AND WHEN HE CONFRONTED HER SHE DENIED IT AND STORMED OFF LEAVING HIM AT THE RITZ CARLTON.

THE OWNERS WERE RECENTLY NAMED IN SEVERAL CIVIL RICO CASES THEY SETTLED AND ARE FIGHTING AMONG THEMSELVES.

I HEAR THAT j DID NOT PAY A RECENT LEGAL CONSULTANT A SMALL AMOUNT OF MONEY AND IF SHE DOES NOT PAY HIM TOMORROW HE IS GOING TO RELEASE A PRESS RELEASE ABOUT NOT NOT ONLY HER NEED FOR HELP BUT IRRATIONAL BEHAVIOR FROM HE BELIEVES IS RELATED TO DRUG ABUSE.

THESE GUYS HAVE NOT MET A FORMIDABLE OPPONENT WILLING TO BRING A REAL CIVIL RICO AND STOP THEM FROM CONTINUING TO TAKE MONEY FROM PERSONS OVERWHELMED WITH DEBT ALREADY AND JUST PUT THEM IN MORE DEBT.

BUT STAY TUNED BECAUSE IF HE DOES NOT GET THE MONEY j OWES HIM IN 24 HOURS HE IS GOING TO START LOOKING FOR FORMER CLIENTS OF THIERS AND THE LAW FIRM THEY CONTROL AND GO AFTER 100X WHAT THEY DID NOT PAY HIM TOO WORRIED ABOUT THE NEXT DOLLAR NEEDED FOR DRUGS ID THE RUMOR.

RIGHT NOW i WOULD NOT GIVE THEM ANY BUSINESS AND SEE HOW DUMB j REALLY IS, WILL SHE RISK THE BUSINESS OVER LESS THAN $10,000? iF SO, THEN THEY ARE LOST BECAUSE SHE IS THE ONLY ONE THERE WITH BRAINS ENOUGH TO RESCUE THEM AND KEEP THE BUSINESS FROM GETTING CLOSED.

IN TRUTH I HEARD THAT SHE REALLY WANT THE BUSINESS TO HELP PEOPLE AND g WON'T LET HER AND HAS DESTROYED HER DREAM BUT UNLESS SHE IS WILLING TO GET OUT OF WHATEVER IS FUCKING HER HEAD UP AND PAY HER POPLE AND CREW IT IS LOST.

wait wait wait

pLEASE UNDERSTAND THIS IS THE SECOND HAND KNOWLEDGE THAT MAY OR MAY NOT BE ACCURATE, UNTIL THE SOURCE BRINGS IT OUT YOU CAN NOT RELY ON IT TO BE ACCURATE AND I MAKE NO CLAIM TO ACCURACY OF THE ASSUMPTION MADE HERE BUT WOULD ADVISE YOU TO WAIT AND SEE.

GO SLOW IS MY ADVICE.
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Ask a Question / Re: IBR Question
Last post by JCP - July 18, 2019, 11:41:34 am
Who would you recommend discussing the best option for us moving forward? I would like talk with someone fluent in the best options and able to run some different scenarios for me.
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Ask a Question / Re: IBR Question
Last post by TheCollegeInvestor - July 18, 2019, 10:53:51 am
She can totally file for IBR, but you may also consider changing your tax filing status to lower her payments more:
https://thecollegeinvestor.com/17807/the-math-behind-married-filing-separately-for-ibr-or-paye/

Also, realize any amount forgiven under IBR is treated as taxable income, so you could face a "tax bomb" at the end.

You might run some numbers of IBR/Tax Bomb versus refi, and if you're tackling it together, and your income is sizable, maybe you just pay them off?
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Ask a Question / IBR Question
Last post by JCP - July 18, 2019, 09:32:25 am
So my wife has a sizable amount of law school debt in her name and is no longer working. I have continued to pay these loans but is a huge burden.  Is there a way for her to qualify for IBR or anyway to reduce this burden?  I am just looking for some thoughts.
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Ask a Question / Re: Financial aid/scholarship ...
Last post by TheCollegeInvestor - July 17, 2019, 10:34:51 pm
That's a tough situation, but there isn't anything to really be done. Your daughter could have postponed enrollment to avoid paying until this was resolved. Your accountant should have advised you that it can take months to process and amended return - and the school does have a deadline (and it's usually listed on their financial aid website).
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Ask a Question / Financial aid/scholarship mone...
Last post by rjdmramos - July 17, 2019, 07:45:58 pm
Hi all. I am at my witts end with this. My daughter's financial aid, grants and scholarship money was never disbursed due to me needing to get one of my tax returns amended. Everything was done when they asked. I submitted the papers to the IRS to be amended that same day the school brought it to my attention. The IRS took about 3 months to finally complete the amendment. When I received the letter from the IRS stating that everything was corrected, I submitted it to the school. The school told me and my daughter it was already passed the deadline and that we need to pay the full amount of the tuition. 1st of all- the school never gave us a specific deadline. 2nd-I cannot rush IRS. They work at their own pace. Now the school will not disburse her funds. Please, any advice will be greatly appreciated.
Thanks
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Parent PLUS Loans aren't eligible loans for PSLF - because you can't get a qualifying repayment plan.

You need to consolidate to a direct consolidation loan, then get on ICR - which does qualify for PSLF.

You can consolidate as long as the only loans in the consolidation loan are the PLUS loans.

Where people get into trouble is that they put other loans types in with the PLUS loan, thus limiting future repayment plan options.
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