The Dann Law Firm | Marc Dann Law Firm

Foreclosure Defense | Ohio | Chicago | New Jersey | Oregon | New York

Cleveland Office
216-373-0539
Cincinnati Office
513-645-3488
Columbus Office
877-475-8100
NY/NJ Office
201-355-3440

DannLaw COVID-19 Update 12–Finally, a New Stimulus Package

student loan debt

By

Hello, happy holidays, and welcome to DannLaw COVID-19 update 12. In this edition, I’ll unwrap the details of the long-overdue stimulus package that was just passed by Congress and signed by the President. While the 5,600-page bill doesn’t contain anything that would set 12 lords to leaping or qualify as tidings of great joy, it does provide some much-needed financial relief and protection for consumers, workers, and homeowners impacted by the ongoing pandemic. Direct Payments Like the … [Read more...] about DannLaw COVID-19 Update 12–Finally, a New Stimulus Package

By

At DannLaw we devote considerable time and attention to one of the most challenging areas of consumer law: student loans. That’s why we are particularly pleased and proud to announce that we recently scored an impressive victory for a client in Common Pleas Court. Our client had been sued by National Collegiate Student Loan Trust (NCSLT), his private student loan lender. The company secured a $42,781.02 judgment against him in 2016 when he did not appear for a hearing on the case. There was … [Read more...] about DannLaw scores impressive win over NCSLT, student loan firm ordered to refund $15,000 to borrower

By

I was mildly enthusiastic about the CARES Act immediately after it was passed because it appeared to be substantially different from the stimulus plan crafted by the federal government during the Great Recession of 2008. That package funneled trillions of dollars to the big banks and Wall Street speculators whose unfettered greed nearly destroyed the world’s financial system but did relatively little to help working and middle-class families devastated by the collapse of the housing market. … [Read more...] about COVID-19 Update 8: Thoughts on the CARES Act, Planning for life after the pandemic

By

Many of our clients are still sorting through the various types of assistance offered via the CARES Act and the various executive orders signed by the President and the governor of the state in which they live. But learning about the programs and benefits that are now available is only half the equation. The other: deciding whether it’s in your best interest to take advantage of them. Making those decisions won’t be easy. The CARES Act itself is more than 800 pages long and the rules and … [Read more...] about DannLaw Covid-19 Update 7

By

Now that we’ve had additional time to review the CARES Act, we would like to share some clarifications and observations along with advice about how to deal with bills and other financial obligations that may be coming due on April 1. Here are some things to consider about paying your bills: 1. Pay your bills if you can. You should take advantage of options that allow you to delay making payments if you need to, not just because they are available. 2. If you don’t have enough money to make … [Read more...] about DannLaw Update Number 6 on Corona Virus: Observations and Clarifications re the CARES Act

By

An important message from Marc Dann: We are open and reachable during normal business hours and beyond and you can reach me on my cell phone at 330-651-3131. Rest assured that I will either be at home or at the office because like you, I’m really not allowed to go anywhere else.  We will be happy to answer any questions you have about your existing case(s) as well as the many coronavirus-related legal issues our friends and clients are facing on an almost hourly basis. If you need to speak … [Read more...] about An Update from DannLaw on Coronavirus and Emergency Legal Issues

By

When I woke up this morning to another stream of stories about the Coronavirus, I wasn’t worried about the impact the growing crisis was having on big banks or the stock market—as has been proved time and again, they’ll recover or be bailed out, or both. Instead, I was concerned about the people reporters obsessed with Wall Street losses ignore:  people like the guy who was counting on catching up on his Christmas credit card charges by selling hot dogs at the NCAA tournament at Rocket … [Read more...] about Lessons learned in the last recession could help working families deal with the coronavirus crisis

By

A recent federal appeals court decision may spell “relief” for Americans buried under private student loan debt held by Navient. In a unanimous decision, a three-judge panel of the Court of Appeals for the Fifth Circuit held that Navient private student loans ARE dischargeable in bankruptcy. This decision, to put it mildly, IS A BIG DEAL! We won’t go into the complex legal issues discussed in the Court’s 28-page decision--although you can read it here if you are so inclined:5th cir private … [Read more...] about Federal Appeals Court provides hope for Americans struggling to pay Navient student loans