Ringleader of Student Loan Debt Relief Scheme Liable for $11 Million in Settlement of FTC Charges

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The issue of student loan debt and bankruptcy is the first problem addressed in the Final Report of the ABI Commission on Consumer Bankruptcy. Comment by attorney Kathleen P. March, Esq: Over the past 10 years, there have been various bills introduced in the US Congress, to make it easier to discharge student loan debt in bankruptcy.

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The ringleader of a California-based student loan debt relief scheme has agreed to settle the Federal Trade Commission’s charges that he bilked $11 million from consumers who were trying to reduce their student loan monthly payments or get loan forgiveness. Under the modified court order,

Last year the agency announced its Revised Pay As You Earn (REPAYE) plan to allow five million more direct loan borrowers to cap their monthly student loan payment amount at 10% of monthly.

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Ringleader of Student Loan Debt Relief Scheme liable for 11 miliion in settlement FTC Charges and Banned from telemarket industry. (Tuan Duong) The ringleader of a California-based student loan debt relief scheme has agreed to settle the Federal Trade Commission’s charges that he bilked $11 million from consumers who were trying to reduce.

Ringleader of Student Loan Debt Relief Scheme Liable for $11 Million in Settlement of FTC Charges The ringleader of a California-based student loan debt relief scheme has agreed to settle the Federal Trade Commission’s charges that he bilked $11 million from consumers who were trying to reduce their student loan monthly payments or get loan.

Ringleader of Student Loan Debt Relief Scheme liable for 11 miliion in settlement FTC Charges and Banned from telemarket industry. (Tuan Duong) The ringleader of a California-based student loan debt relief scheme has agreed to settle the Federal Trade Commission’s charges that he bilked $11 million from consumers who were trying to reduce their student loan monthly payments or get loan forgiveness.

The ringleader of a California-based student loan debt relief scheme has agreed to settle the Federal Trade Commission’s charges that he bilked $11 million from consumers who were trying to reduce their student loan monthly payments or get loan forgiveness.

The ringleader of a California-based student loan debt relief scheme has agreed to settle the Federal Trade Commission’s charges that he bilked $11 million from consumers who were trying to reduce their student loan monthly payments or get loan forgiveness.