Sader Law Firm Blog

White House Budget for 2019 Seeks Changes to Federal Student Loans

Posted on March 13, 2018 by The Sader Law Firm

Last month, the White House released its budget proposal for 2019. The 2019 budget calls for changes to how federal student loans are repaid and forgiven. These proposed changes would only affect student loans that were taken out after July 1, 2019. In addition, Congress is responsible for appropriations legislation. President Trump’s budget proposals are not automatically laws. Many of the proposed changes to student loans mirror legislation that is currently under consideration by federal lawmakers. Changes mentioned in President Trump’s 2019 budget include, but are not limited to: PSLF would be eliminated: President Trump’s 2019 budget seeks to eliminate the Public Service Loan Forgiveness (PSLF) Program. We have written extensively about this program on our blog. Borrowers who are eligible for PSLF can apply to receive loan forgiveness for working in certain types of public service jobs and after making 120 months of consecutive payments. Income-driven plans would be…
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Will More States Pass Laws to Protect Patients from Surprise Medical Bills?

Posted on March 7, 2018 by The Sader Law Firm

Medical bills continue to be a major financial problem for millions of Americans. More people than ever are covered by health insurance policies, but there are still reports of people receiving surprise medical bills in the thousands of dollars. We have discussed the concept of balance billing on this blog before. Balance billing is where you are charged the difference between what your insurance company will pay and what a health services provider chooses to charge. This may happen when you receive services from a doctor or specialist who is out-of-network. Many state lawmakers are developing legislation to protect patients from surprise medical bills in certain situations. State lawmakers in New Hampshire, Washington, New Jersey and Colorado are considering legislation that would further curb this practice. Oregon’s anti-balance billing law goes into effect this month. Other states with comprehensive balance billing protections include California, New York, Maryland, Illinois, Florida and…
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Tax Filing Mistakes That Could Delay Your Refund

Posted on February 14, 2018 by The Sader Law Firm

Last week’s blog went over smart ways to spend a tax refund. With the average tax refund being at over $2,000, you could set aside money to prepare for an emergency or resolve other financial issues in your life. The IRS will process most tax returns within three weeks. However, there are tax filing mistakes that may delay your refund. Inputting the wrong Social Security number. The IRS uses your Social Security number to verify your tax return. If you put the wrong Social Security number on your return, then your tax refund will be delayed. You may be able to avoid this error by e-filing your return. E-filing software may catch these types of errors before you submit your return to the IRS. Math and computational errors on your return. Your tax refund could be delayed if your return contains math or computational errors. If the numbers you put…
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