Attorney Richard Gaudreau

Month: October 2011

College Debt Growing Faster than Inflation

[caption id="attachment_279" align="alignleft" width="150" caption="Student loan debt exceeds credit card debt leaving many Americans strapped for cash."][/caption] A new report by USA Today finds that Americans' student loan debt is $850 billion dollars, which actually exceeds the total amount of Americans' credit card debt. What does that mean for our newest generation heading off to...

Emergency Homeowners Loan Program Ending a Brief and Unsuccessful Run

The September 29, 2011 final deadline for the Emergency Homeowner’s Loan Program passed without much fanfare, but it left in its wake several hundred thousand mortgage holders who desperately needed financial assistance to keep their homes.  Officials at the U.S. Department of Housing and Urban Development (HUD) estimate that only about “10,000 to 15,000 homeowners...