Sader Law Firm Blog - Kansas City Bankruptcy Attorney Blog

Sader Spotlight: Steven Long

Posted on April 19, 2022 by Sader Law Firm

Sader Law Firm attorney Steven Long joined the firm in June of 2019 and continues to serve the needs of bankruptcy clients and businesses, and he has maintained a passion for client advocacy and takes pride in making even the most complicated legal matters understandable to his clients. Read more about Steven, a key member of our team who maintains a passion for client advocacy and takes satisfaction in providing his clients a source of calm in stressful times in this edition of our “Sader Spotlight:” Why did you want to become an attorney? What made you decide on bankruptcy? The answer to both is largely the same. I was drawn to work where I could counsel people and help them resolve a problem. Originally, this drew me toward therapy, but I was instead ended up focusing on law because I felt I could make a bigger difference in their…
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Student Loan Payment Pause Extended to August 31 with Plans Made to Eliminate Delinquencies, Defaults

Posted on April 13, 2022 by Sader Law Firm

The U.S. Department of Education recently announced the pause on federal student loan payments has been extended to August 31, with plans being made to grant Individuals with federal student loans a “fresh start” on repayment. Borrowers can now have delinquencies and defaults eliminated, allowing them to reenter repayment in good standing when student loan payments resume. Student loan payments were set to resume in May before the new extension, the sixth of its kind since the start of the pandemic in March 2020. Loan relief will continue to be provided, including to those who have been defrauded by institutions and those who are eligible for the Public Service Loan Forgiveness program, the Department of Education said in a release. “This additional extension will allow borrowers to gain more financial security as the economy continues to improve and as the nation continues to recover from the COVID-19 pandemic,” U.S. Secretary…
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Your credit score could soon see a boost

Posted on April 7, 2022 by Sader Law Firm

Seventy percent of medical debt information will soon be removed from consumer credit reports, the three major credit reporting agencies recently announced. Starting in July 2022, medical collection debt won’t appear on credit reports if the debt has been paid, according to a joint press release from Equifax, TransUnion and Experian. Additionally, the time period before unpaid medical collection debt would appear on a consumer’s report will be increased from six months to one year, according to the release. This means the three involved credit reporting agencies will not include medical collection debt under $500 on credit reports in the first half of 2023. If you have any questions regarding this or anything else related to a bankruptcy case, contact the Sader Law Firm at (816) 561-1818.