Benenati Blog

A federal court recently issued a ruling that could affect borrowers’ abilities to receive relief from their student loan debt. The Department of Education and Secretary Betsy DeVos were found guilty of improperly holding up and implementing a rule that would give student loan borrowers relief from their payments. The lawsuit was brought by attorneys...

Continue reading " Betsy DeVos Loses Lawsuit in Violation of Student Loan Borrower Protections"

Understanding Florida's Bankruptcy Exemptions When I filed bankruptcy back in 2008, I was so glad I did not listen to people that tried to scare me about filing bankruptcy or debt settlement scams on the web that warned me that it was the worst thing to do. Were they ever wrong! One of the main...

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Bankruptcy Booms Among the Elderly Bankruptcy is quickly becoming a reality for a number of Americans 65 years of age and older. In fact, they are three times more likely to file for bankruptcy now than this same age demographic did in 1991. With the exorbitant costs of healthcare, pensions disappearing and social security not...

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Differences in spending habits and money disagreements are one of the top reasons people file for divorce. And for many people, divorce is one of the main reasons they end up filing for bankruptcy, oftentimes due to the additional expenses such as child support, alimony and now having to maintain a household on a single...

Continue reading " Bankruptcy & Divorce: How the Two Are Connected"

When it comes to debt, how old is too old to file a collection lawsuit? Not all debts must be paid, especially those that are past a certain age. It is important to understand your rights as a consumer when it comes to old and expired debt. The Statute of Limitations on Debt If your...

Continue reading " How Long Can a Debt Collector Pursue an Old Debt?"

The thought of debt collectors repeatedly calling your house or trying to track you down at your job, can be frightening for anyone. But many times, it is the fear of the unknown that makes people so nervous about debt collection. It helps to understand what to expect and what rights you have as a...

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The road to bankruptcy is a difficult one for most individuals. Finally coming to the realization can seem like a personal failure, due to the false stigma surrounding bankruptcy. This is oftentimes what keeps people from filing for bankruptcy. In a recent blog, I shared my own personal bankruptcy story, and the day I became true with myself...

Continue reading " New Study Reveals Waiting to File Bankruptcy Can Hurt You"

Continuous communications from debt collectors can be overwhelming and annoying, but at what point is the communication considered harassment? Debt collection harassment is more common than you might think. In fact, a recent study by the Consumerist found that one-in-four consumers – or 27 percent – felt threatened by debt collectors for outstanding bills or loans they...

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What is going on? I conduct free consultations from my offices in Orlando and Kissimmee and in maybe 3 out 5 cases, my client has a personal loan with some company. These companies have several different names: Sofi, New Egg, Lending Club, On Deck Capital, Mariner Finance, Kabbage, Avant, One Main, Wells Fargo, Discover, and...

Continue reading " Understanding the Dangers of Personal Loans"

Almost four million people who bought homes and took out home-equity lines of credit between 2005 through 2008 are about to go into the repayment period. Right now you may have just been paying intSomething Wicked This Way Comes – HELOC Reset Almost four million people who bought homes and took out home-equity lines of...

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