Sader Law Firm Blog - Kansas City Bankruptcy Attorney Blog

Mortgage Assistance Available to Homeowners Impacted by Pandemic

Posted on October 18, 2022 by Sader Law Firm

Homeowners residing in the states of Kansas and Missouri impacted by the COVID-19 pandemic can take advantage of homeowners’ assistance funds programs. Launched in 2022 with nearly $60 million in American Rescue Plan Act funds, the Kansas Homeowners Assistance Fund (KHAF) helps Kansas households get current on their mortgages and avoid foreclosure. It also provides assistance with property taxes, homeowners’ insurance and energy costs. Meanwhile, for those seeking financial relief on the Missouri side, the Housing Assistance Program (HAP) assists low-income and disabled people located within the Kansas City metro area. The HAP supplies information on emergency housing, transitional housing and rental subsidy programs for those who qualify. Participants of the HAP must meet medical disability requirements and be referred to the program by a case manager. Sader Law Firm attorneys who specialize in foreclosures are ready to help put a halt to your foreclosure situation. We can assist in…
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Boyce Provides Insight on Student Loan Relief Update With KSHB 41 News

Posted on September 6, 2022 by Sader Law Firm

Sader Law Firm attorney James Boyce provided legal insight into President Biden’s student loan relief announcement in an on-camera interview with KSHB 41 News in Kansas City. In the interview, Boyce noted to the reporter the importance of knowing who your provider is, what type of student loan you have and how much you owe. “The formula is going to be lower, meaning that your payment is going to be lower, and if your balance was lower, it will last for only 10 years instead of 20,” Boyce told KSHB 41 News regarding the new repayment options. “So that means lesser payments over a shorter period of time. If you legitimately can’t afford a thing, you can probably get a $0 payment plan.” The full story can be viewed and read here. If you’re concerned about outstanding student loan debt, Sader Law Firm can assist in working to resolve your…
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White House Announces Next Steps Regarding Student Loan Payments

Posted on August 31, 2022 by Sader Law Firm

Millions of student loan borrowers nationwide with federally backed student loans breathed a sigh of relief when The White House announced that $10,000 of student loan debt can be forgiven to individual borrowers who make less than $125,000 per year or married couples who bring in less than a combined $250,000, and $20,000 forgiven for those with Pell Grants. It was also made known that the federal student loan pause was extended a final time, through December 31. Along with this news, the U.S. Department of Education will cut monthly payments in half for undergraduate loans and propose a rule that borrowers who have worked at a nonprofit, in the military, or in federal, state, tribal, or local government, receive credit toward loan forgiveness. Borrowers who qualify for student loan debt relief can sign up at this link to be notified when more information becomes available. However, for those who…
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