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You have a Parent loan in your father's name your mother has been paying but is now disabled Do you qualify for loan forgiveness due to hardship with only one working parent?
Wiki User
∙ 16y ago
Your mother is not a legal party to the loan in any way whatsoever. You or the borrower would have to be disabled.
Wiki User
∙ 16y ago
Carol Cooper
yes
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Does ACS offer student loan deferment?
"ACS does offer student loan deferments. They also offer forbearance for a variety of reasons. You will have to qualify for deferment, sometimes forbearance is easier to qualify for. reasons may include being a full-time student or financial hardship."
How many student loan deferments can you get?
Economic Hardship deferment and Unemployment deferment get 3 years each. Military deferment and School Deferment are unlimited. There are several types of deferment so it depends on the one you qualify for.
What is PPP loan forgiveness program?
The Paycheck Protection Program (PPP) loan is an emergency lending program launched by SBA overseeing $350 billion and $310 (in second round) in loans for small businesses impacted by the coronavirus outbreak.PPP Loan Forgiveness - Up to 100 percent of a Paycheck Protection Program loan is forgivable and this is the biggest advantage of this PPP loan program for small business owners. But just because the loan is eligible for loan forgiveness doesn’t mean all can get the benefits of this forgiveness scheme. There are strict regulations on what qualifies for loan forgiveness—and as a small business owner, it’s important to understand that if you do not fulfill the required conditions of this forgiveness scheme, you will not get the benefit of forgiveness.In order to qualify the forgiveness program, you need to check the current Paycheck Protection Plan guidelines. There are four expense categories that qualify for loan forgiveness:• Employees Payroll costs (including wages, salaries, commissions, group healthcare benefits, insurance premiums, payroll taxes etc.)• Mortgage interest• Rent• Utilities• You can get loan forgiveness under these expense categories, but you need to follow certain strict guidelines in order to secure the PPP Loan forgiveness, check these guidelines below -• You should keep the salary structure consistent for all employees. If you reduce the salary levels by more than 25 percent for employees making $100,000 or less, you will get the forgiveness amount reduced.• You need to rehire an employee until June 30, if you laid-off or furloughed employees. So, maintain the numbers of your employees to per-pandemic levels.• if you want to qualify for PPP loan forgiveness, you’ll need to spend the balance amount on forgivable expenses over that eight-week period from the loan disbursal.• 75% of the loan amount must be used for payroll costs only. Only 25% can be used on other approved non-payroll costs
What would qualify as a hardship defense to stop wage garnishment?
The law does not recognize "hardship" as a valid defense against the execution of a judgment writ in any manner including income garnishment. The judgment debtor/garnishee can file a motion requesting the lowering of a garnishment amount due to the fact that it constitutes a 'hardship' upon themselves and/or their immediate family. An example would be the maximum garnishment (25% of disposable income) granted against the head of household that results in she or he being unable to properly clothe, feed, house, provide medical care, etc. for his or her dependents.
What are the lenders looking for in a hardship letter?
Not only do you need a valid hardship as described below, but in order to get approval for what you're asking for in the letter, you need to qualify. For instance, if you're applying for a loan modification, you need to explain your hardship, but you also need to show them why, if they modify your loan, you'll be able to meet this new payment agreement. I've written several hundred letters by now and I've found that spelling it out for the lender is the best bet. Tell them what program you want, and why you qualify. They are receiving incentives from the government to help you, so assure them that your case fits the requirements. They're most likely to jump on the high odds cases, first, because that's where the money is for them. A hardship letter should include why you have fallen on hard times, whether it be because you just lost your job, you were demoted, or you have become sick and unable to work. They just want to know that you are trying to make an effort as best you can. Don't worry about embarrasment, be honest and spill it. The more you tell them, the more understanding they will be.
What is a hardship parole and how can a person qualify for it in Texas?
what is a hardship parole and who quilifys in texas
How old do you have to be to get a hardship in Tennessee?
In the state of Tennessee, if you are 14 years old, then you may be able to qualify for a hardship license. It will cost $9.
Does antisocial personality disorder qualify a person as disabled?
No.
Does osteoarthritis qualify you for disability benefits?
That depends on where you are. In Australia for instance if you are disabled as the result of any thing you qualify.
What does a guarantee renewable disability insurance policy guarantee?
A guaranteed renewable disability insurance policy guarantees that you can renew it; in other words, in the event that you do become disabled, and you are collecting disability payments under your policy, they are not going to tell you that since you are disabled, you do not qualify to renew the policy (which, of course, would entirely defeat the purpose of having bought the insurance in the first place, which is to protect yourself from financial hardship in the event that you become disabled).
Should disabled athletes be allowed to qualify for Olympics Games?
yes because disabled people have the same rights as everyone else
Can you qualify for a service dog for loss of sense of smell?
To qualify for a Service Animal, one needs to be disabled. If the loss of smell causes a person a disability then one can qualify for a Service Animal. The Service Animal MUST be able to help the disabled person accomplish something. This site has helped me a lot. sdog.danawheels.net/
What if your not a teacher but an interpreter for a deaf student in a residential special needs school?
Then you do not qualify for teachers loan forgiveness.
Are you allow to apply for a learner's license at the age of 14?
It depends on the state. If you qualify, you can apply for a "hardship license" at age 14.
If you are disabled how can you get more money to meet your needs?
By applying for social security disability benefits. If you do not have enough work quarters to qualify, there is another program called SSI. It is specifically for the disabled and/or persons over 65 who do not qualify for regular SS. Contact your local SSA office.
How can you include a student loan in a bankruptcy if only your husband works and you care for your kids and one is disabled?
If the loan is federally funded it is not dischargeable in bankruptcy. In rare cases federally funded student loans can be forgiven (cancelled) if the student debtor qualifies as a "hardship case". Usually this applies to a person who is disabled to the extent that they would never be gainfully employed nor have the ability to repay the loan. Contact the lending institution that handled the loan agreement to find out if you might qualify.
Is there business grants for disabled?
Yes, there are grants for disabled. We research and send LOI's, RFP's. We can try and qualify you during our free, no obligation qualifying consultation. Call us 206-202-8011.
