Debt has long been a dirty word in law firm circles. The idea of relying on bank loans to fund a legal partnership feels both low-grade and risky. But law firms are outliers in the business world.
Several legal tech companies had to navigate challenges from lawsuits to unsustainable debt over the course of 2024. These challenges came as many in the legal tech space also dealt with a fluctuating ...
Despite a $34.0 trillion national debt, President Joseph Biden is planning on canceling some, or all, of $158 billion of student debt of an estimated 30 million persons. This may be good politics for ...
A nonprofit has filed a lawsuit in New York, hoping to clear the way for volunteers to help people defend themselves against debt collection suits. By Andy Newman The Rev. John Udo-Okon, a Pentecostal ...
Sarah had taken out $85,000 in student loans, including $50,000 in Parent PLUS loans her parents took out on behalf of her and her siblings. Over the past eight years, she has been paying $1,000 a ...
Foreclosure legal inquiries jumped nearly 30% year-over-year in the second quarter as mounting consumer debt pushed Americans to seek legal help at the highest rate since November 2020, according to ...
When a debt is discharged, it can impact what you owe, but the process and outcome aren't always straightforward.
If certain state laws are voided, millions of consumers with unpaid medical debt could see negative marks appear — or reappear — on their credit reports.
President Joe Biden has made a long-awaited decision on how to handle student debt. On Aug. 24 Biden announced that his administration will waive student loan debt for qualifying Americans — $10,000 ...
• Canceling student debt up to $50,000 has been a rallying cry for many younger Democrats, who see their ability to borrow for homes or cars negatively impacted by a heavy student debt load. Advocates ...
Though lawyers earn above-average salaries, law students typically graduate with over $100,000 worth of debt. The amount of debt you take on will be based on the type of school you attend (public or ...
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