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Hi, It's Steve here. Just wanted to give you a place to stop by and check in on the latest debt stuff going on.

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Highlights
Now is the Time to Bulldoze Your Federal Student Loans

During the period of 0% interest (beginning March 13, 2020), the full amount of your payments will be applied to principal once all the interest that accrued prior to March 13 and any fees (for defaulted loans) are paid.” The suspension of interest and collections activity does not apply to private student loans and it does not apply to some FFEL Program and HEAL federal student loans owned by commercial lenders, or Perkins Loans owned by the institution you attended. For specific advice, if your federal student loans are covered by this 0% opportunity to pay down the balance super-fast, contact your loan servicer. If you do not know who your servicer is or how to contact them, visit StudentAid.gov/login or call us at 1-800-4-FED-AID (1-800-433-3243; TTY for the deaf or hearing-impaired 1-800-730-8913) for assistance.

GreenPath Settlement Case Dismissed With Prejudice

As anticipated, the debt management nonprofit GreenPath has managed to terminate one of the recent lawsuits against it. This one was the case brought in Norton v. GreenPath where the claim was the debt management company was engaged in settling debt. According to January 22, 2021 court filing “ The parties, by and through their respective attorneys, having stipulated to the matters contained herein, and the Court being otherwise fully advised: IT IS ORDERED that this matter is hereby dismissed with prejudice and without costs.

How Do I Validate the Debt Midland Funding is Suing Me Over?

Can I ask the court for proof that Midland Funding actually owns my debt? n’t think the debt is valid at court, what are the rules Midland Funding has to follow to satisfy the court To raise the most comprehensive defense, which might include consideration for issues like the Statute of Limitations or validation, there is absolutely no substitute for the assistance of a competent attorney that is licensed in your state. You should be aware that if Midland wins the case against you in court there is still a second chance to settle the debt afterward unless they garnish your wages or true to levy assets.

At FTC’s Request, Court Finalizes Orders and Monetary Judgments against Ringleaders of the Sanctuary Belize Real Estate Investment Scheme

The orders announced today finalize a September 2020 memorandum opinion requiring Pukke and Baker jointly to pay $120.2 million to the Commission—representing the amount of money consumers lost through the Sanctuary Belize real estate development scheme—with Chadwick also jointly responsible for $91.9 million of that amount. The court’s final order against Pukke, Baker, and Chadwick also bans Pukke from selling or assisting others in selling most real estate, and ban all three defendants from any involvement with Sanctuary Belize or related entities in the future. The default order bans these defendants from most real estate sales; permanently bans them from telemarketing; prohibits them from making misrepresentations to consumers; and imposes financial judgments of $120.2 million against Usher and the corporate entities, and $830,000 against the estate of John Pukke. Lastly, the court issued a final contempt order holding defendants Pukke, Baker, and Usher in contempt of court for violating a prior court order prohibiting them from making misrepresentations while telemarketing.

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