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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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.
The U.S. District Court for the Western District of Missouri recently announced a new free automated case information service to callers who have a pending or active bankruptcy case. Multi-Court Voice Case Information System (McVCIS or mac-vee-sis) allows callers to obtain current civil or criminal case information by selecting from a list of menu items including, but not limited to, pending motions, deadlines, hearings set, and a description of recently filed documents. During business hours, callers now have the choice to either receive automated case information or to speak to a representative. After hours, callers may either receive automated case information or leave a message for staff. To reach the McVCIS system, call toll-free to (866) 222-8029. The Western District of Missouri’s bankruptcy public counters remain open to the public from 10 a.m. to 4 p.m., although these hours are subject to change without notice. Sader Law Firm clients who…
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*Credit card payments will not be accepted for bankruptcy cases, unless pre-approved by The Sader Law Firm. If you have a question about a credit card payment, please call our Office Manager at (816) 561 1818.
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