Is it true that I only have to pay 15% of my annual salary for students and that student loans expire after 25 years of payment?

Only if you apply for and are accepted for a specialized repayment program such as "income based repayment." You do not get those terms...

IRS Fresh Start Program: Question about Lien Withdrawal

No harm in applying http://www.irs.gov/Businesses/Small-Businesses-%26-Self-Employed/Fresh-Start-Notice-of-Federal-Tax-Liens

Only if you want that attorney to send letters and make phone calls. However, to actually "enforce" the judgment, i.e. go after and levy against...

Student loan percentage (default)

Almost no chance. By changing the interest rate, you may have actually shot yourself in the foot. What it sounds like they offered you was a...

Debt Settlement or Debt Consolidation?

Debt settlement requires a lump sum payment. For example, if you have $41,000 in debt at time of settlement, you may need $16,000 to $20,000 to...

How long will a Dismissed Bankruptcy stay on your credit report? Can it be removed if it happened less than 1 month ago?

Up to 10 years. Whether the case was dismissed or discharged is immaterial. The filing of the bankruptcy triggers the credit reporting. Sorry, but...

Currently Not Collectible Status - Debt IRS Taxes Clarification

Too much going on to answer here in a few short sentences. Bottom line, CNC status is inherently temporary. Moreover, CNC status does NOT reset...

Can I be sued for a private student loan if I tried asking for help and they denied me due to the business closing?

Yes, they can sue you. You might have some defenses (but hardship and inability to pay are not defenses).

If I am single and only have myself as a dependant can I be considered head of household

No. Actually, head of household is the wrong term. The law states "head of family". Here is the definition from the Florida statute. (c) “Head...

Can a bill be overdue if there is no overdue date?

Yes. The bill can be due on receipt with an implied, reasonable, grace period to allow for mailing and processing of the payment. This is common...