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Category Archives: General
More than 323K Borrowers with Disabilities to Receive Automatic Student Loan Forgiveness
The Biden administration announced that it would set up more than 323 thousand borrowers with a total and permanent disability (TPD) for $5.8 billion in automatic federal student loan forgiveness. The Education Department announced that it would no longer make … Continue reading
July Home Sales Up 1% as Prices Reach Unprecedented Levels
New homes sales rose a mere 1% in July after a string of declines. New home prices are soaring to record levels. Sales fell April, May, and June as builders faced surging lumber prices and a shortage of workers. The … Continue reading
Two Men Charged in Scheme to Obtain Fraudulent Loans
Federal authorities announced that two men have been charged in connection with their alleged roles in a scheme that used stolen identities to obtain more than $450,000 in disaster loans from the Small Business Administration. Roughly $250,000 of that was … Continue reading
Supreme Court Ends CDC Eviction Moratorium
A coalition of landlords and real estate trade groups in Alabama and Georgia challenged the latest extension of the CDC’s moratorium, which was supposed to last through October 3, and won. The Supreme Court ultimately declared that while it is … Continue reading
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President Biden Urges Some States to Extend Unemployment Benefits
President Biden is encouraging states with higher unemployment rates to use federal aid to extend benefits for unemployed workers after they are set to expire soon. Enhanced benefits like the $300 weekly supplement will only be available through the first … Continue reading
Mistrial Declared in California Embezzlement Case
Attorney Michael Avenatti, who represented Stormy Daniels in her lawsuit against then-President Donald Trump, is charged with embezzlement for stealing nearly $10 million of settlement money from his clients. He is accused of negotiating and collecting settlements on their behalf, … Continue reading
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Sen. Wyden Announces Bill that Addresses Current Housing Concerns
Senator Wyden of Oregon has started rolling out legislation which is geared toward making housing more affordable for Americans, calling on other lawmakers to “enact 21st century housing policies that adequately address 21st century challenges.” The bill seeks to house … Continue reading
U.S. Weekly Jobless Claims Hit 17-Month Low
The number of Americans filing new claims for unemployment benefits fell to a 17-month low last week, pointing to another month of job growth. Increases in COVID-19 infections, however, still pose a risk to the labor market recovery. The weekly … Continue reading
Illinois Attorney Found Guilty of Bankruptcy Fraud
An attorney from Illinois, who practiced bankruptcy law, has been convicted on four counts of bankruptcy fraud charges. Each charge carries a maximum sentence of five years in federal prison and a fine of up to $250,000 or twice the … Continue reading
Bankruptcy and Personal Injury
In the Gosch’s bankruptcy case, they received money from personal injury claims just before they filed for chapter 13 bankruptcy. They received this money in what is known as a “gap” period (time between the last day of the month … Continue reading
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