Our blog has recently covered several aspects of the Public Service Loan Forgiveness (PSLF) program operated by the Department of Education. Recent blogs have informed you on eligibility requirements for PSLF. However, there are additional forgiveness options for specific types of federal student loans. Teacher Loan Forgiveness Program: The Department of Education’s Teacher Loan Forgiveness Program may allow you to have $17,500 in student loans forgiven. You would have to teach for five consecutive academic years at a low-income school and meet other qualifications. However, you must have certain types of federal loans to qualify. There are also other eligibility requirements for this program listed on the Department of Education’s website. Military loan repayment or forgiveness programs: There are multiple federal student loan forgiveness options for members of the armed forces. You could enroll in PSLF while serving. The Army Student Loan Repayment Program could repay up 33.33 percent of…
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Allegedly, JPMorgan Chase has routinely fabricated documents with the intent of deceiving bankruptcy judges in tens of thousands of bankruptcy cases. Lead plaintiff Ernest Michael Bakenie claims in a federal class action lawsuit that Chase has “fabricated assignments, endorsements and affidavits that purport to transfer deeds of trust, notes, and the rights to all monies due under the terms of tens of thousands of non-negotiable promissory notes.” Bakenie also claims that JPMorgan Chase used a vast network of attorneys to file thousands of motions for relief from automatic stay in bankruptcy cases, rewarding their attorneys based on how quickly they can secure the stays, Courthouse News Service reports.
We typically do not deviate from stories and news items having to do with bankruptcy, but for someone who left such a remarkable impact on the way we all live and work today, we had to make an exception. Apple co-founder and Chairman Steve Jobs died today. He was 56. Jobs had been suffering from various health issues following the seven-year anniversary of his surgery for a rare form of pancreatic cancer in August 2004. Apple announced in January that he would be taking an indeterminate medical leave of absence. Jobs then stepped down as chief executive in late August, citing his inability to “meet my duties and expectations” stemming from his illness. In a statement, Apple said paid tribute to its one-time leader as ” a visionary and creative genius” adding that the world had “lost an amazing human being.” According to Apple’s website, you may share your thoughts,…
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