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  • Our Story
    • About Diane L. Drain
    • Why Hire Diane?
    • How Can We Help You?
    • Reviews from Clients & Fellow Lawyers
    • Diane’s Honors & Awards
    • Formula for Simple Living
    • Bankruptcy History & Religion
    • Life Tips and Humor
  • Bankruptcy
    • General Review of Bankruptcy
    • Bankruptcy for an Individual
    • Bankruptcy For Small Business
    • Bankruptcy Help For Creditors
    • General Bankruptcy FAQs
    • Bankruptcy Articles & Links
    • Tools & Downloads
      • Beyond the Paperwork: It’s Not Just Filling Out Forms, and Understanding The Attorney’s Role
      • Arizona Exemptions (download)
      • Federal Exemptions (download)
      • Chapter 7 Flowchart (download)
      • Chapter 13 Flowchart (download)
      • Bankruptcy Terms in Plain Language
      • How to Protect Your Social Security
      • Superior Court Process & Helpful Links
      • Important Chapter 7 & 13 Deadlines
    • Bankruptcy Videos
    • Bankruptcy Glossary
  • AZ Real Estate
    • AZ Real Estate Overview
    • AZ Real Estate FAQs
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  • AZ Foreclosure, Eviction & More
    • AZ Trustee’s Sale & Foreclosure Overview
    • Trustee’s Sale & Foreclosure Law & Case Law
    • AZ Trustee’s Sale
      • AZ Trustee’s Sale Overview
      • AZ Trustee’s Sale Law & Case Law
      • AZ Trustee’s Sale FAQs
      • AZ Trustee’s Sale Articles & Links
      • AZ Trustee’s Sale & Foreclosure Videos
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      • AZ Excess Sale Proceeds Overview
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      • AZ Excess Sale Proceeds FAQs
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Category: Student Loans

Student loans will be the next huge financial crisis. There are problems both with the borrowers and the lenders. The borrowers do not understand the cost to repay the loan. The lenders, many are schools, profit from misleading the naive borrowers.

  • woman confused by student loan options

    10 Million Student Loan Borrowers in or will be in Default

    Published On: August 9, 2025

    Helpful Videos to Navigate Student Loan Repayment Process Navigating student loan repayment can feel like a complicated series of if-then decisions; one wrong step can have repercussions for decades. Experts at the National Consumer Law Center’s [...]

  • Student Loans disaster

    Student Loan Payments Restart May 5, 2025, Millions are Not Ready

    Published On: April 23, 2025

    For many, this sudden shift threatens to push them into default, leading to wage garnishments, seized tax refunds, and damaged credit scores.

  • student loan

    Trump Blocks “SAVE” Student Loan Repayment Plan

    Published On: March 2, 2025

    The Department of Education has stopped millions of borrowers from applying for lower student loan payments and loan forgiveness. This follows a court ruling that blocked the SAVE plan, a program designed to reduce monthly [...]

  • Student Loan Toolkit

    Free Student Loan Toolkit from NCLC

    Published On: June 29, 2024

    From the National Consumer Law Center "NCLC" a toolkit to deal with your student loans, 5/2024 Whether you are just starting your student loan journey or have been dealing with student loan debt for decades, [...]

  • “SAVE” – New Student Loan Repayment Plan (8/23), Cancelled by Trump (3/2/25)

    Published On: September 2, 2023

    NEW STUDENT LOAN REPAYMENT PLAN, plus UPDATES (at end of this article) – UPDATE: SAVE PROGRAM CANCELLED BY TRUMP SAVE – “SAVING ON A VALUABLE EDUCATION” “SAVE” – New Student [...]

  • Exciting Update for Student Loan Borrowers

    Published On: July 19, 2023

    IMPORTANT PROGRESS FOR STUDENT LOAN BORROWERS WHO HAVE BEEN IN REPAYMENT TWO DECADES OR MORE Posting from the National Consumer Law Center Important Progress for Student Loan Borrowers Reposting from NCLC, July [...]

  • graduate trying to pull huge student loan weight

    Busting myths about bankruptcy and private student loans

    Published On: April 18, 2022

    Education Loans Can Be Discharged in Bankruptcy Busting myths about bankruptcy and private student loans By Robert G. Cameron – APR 12, 2022 (Reprint from Consumer Financial Protection Bureau "www.CFPB.gov".  The following is an [...]

  • student loan scam

    Performance SLC Accused of Charging Student Loan Borrowers Illegal Fees

    Published On: January 6, 2021

    CFPB Charges Performance SLC and Performance Settlement, Daniel Crenshaw, with Using Deceptive Tactics November 5, 2020 – The Consumer Financial Protection Bureau (Bureau) filed a complaint against Performance SLC, LLC [...]

  • bank fraud sign, plus gavel

    Discover Bank and The Student Loan Corporation to Refund Millions to Consumers

    Published On: January 1, 2021

    CFPB Settles with Discover Bank, the Student Loan Corporation and Discover Products for violating a consent order and other unlawful practices December 22, 2020 Consumer Financial Protection Bureau issued a [...]

  • A gavel and a corruption name plate

    University of Phoenix to Pay $50 M and Stop Collection on $141 M in Student Loans

    Published On: April 23, 2020

    In a large victory for consumers, The University of Phoenix agreed to pay $50 million in cash and cancel $141 million in debt owed to the school by students harmed by their deceptive ads. Phoenix’s [...]

12Next
5 / 5

 If you find yourself in the situation where you have to go through bankruptcy

No one wants to go through bankruptcy. But if you do find yourself in that position, it’s not the end of the world. If you need someone to help you get through the bankruptcy process, choose Diane. She won’t let you down.  L. A.  If you find [...]

5 / 5

We are grateful for all the kindness and respect they showed us.

“We are grateful for all the kindness and respect they showed us in handling our case to completion. ” T.D. and R.I. Diane and Jay are an absolutely phenomenal professional team. Bankruptcy is not an easy undertaking and there is a lot of paperwork you have to [...]

5 / 5

I am glad that Diane was the person to lead me through it

"I am glad that Diane was the person to lead me through it." T. I wish that I did not have to file for bankruptcy protection; nevertheless, having to go through the process I am glad that Diane was the person to lead me through it. Diane definitely [...]

5 / 5

Diane helped guide me through the bankruptcy every step of the way, with a very calm demeanor

Diane helped guide me through the bankruptcy every step of the way, with a very calm demeanor. D.W. If you have to file bankruptcy, I recommend you hire Diane Drain. After speaking to 3 other bankruptcy attorneys before Diane, I believe I know the difference between a knowledgeable, professional, [...]

5 / 5

My wife and I would highly recommend Diane Drain

"My wife and I would highly recommend Diane Drain." R. My wife and I would highly recommend Diane Drain to any one who is considering bankruptcy. She handled our case professionally and in a very timely manner. Diane and her team made a long, frustrating process pretty painless. Thank [...]

5 / 5

Diane had kind words to comfort despite our horrible circumstances

“Give her a call if you don't know where to turn.... ” B.G. Diane was an exceptionally nice lady and very courteous to my wife and I as we requested help. She had kind words to comfort despite our horrible circumstances. She gave us great advice and [...]

5 / 5

Diane and Jay were very knowledgeable, professional and supportive

"Diane and Jay were very knowledgeable, professional and supportive!" April Filing bankruptcy was a very difficult choice and experience. But, Diane and Jay were very knowledgeable, professional and supportive throughout the process. Your team made the honor roll in a perfect grade.

5 / 5

I feel better mentally and physically, just like you said I would

"I feel better mentally and physically, just like you said I would!" M. Thank you once again for your incredible knowledge and persistence with these people. Ever since we have done the filing, I feel better mentally and physically, just like you said I would. [...]

5 / 5

Diane helped me retain my dignity

"Diane helped me retain my dignity ." S & A *Diane helped me retain my dignity during a very uncomfortable time. I am very grateful.

5 / 5

she is the last person to quit, and the first person to help

“she is the last person to quit, and the first person to help” Beits Livneh, Legal Technology Solutions Diane is a first CUSTOMER that I’m leaving a review for… As her IT consultant, Diane proves to us weekly that she is a capable, responsible, honest and hard working woman! [...]

5 / 5

Being of Service to Others certainly overshadowed any money motivation…in the end her expert consultation did not cost us any money.

“Being of Service to Others certainly overshadowed any money motivation…in the end her expert consultation did not cost us any money. ” G.G. Diane was great at coming to our rescue during very stressful times… Dianne and her team were always in good communication and they always [...]

5 / 5

Thank you

“Thank you.” N.L. Thank you speaking with me and for the advice given. Wish I would have found you to begin with.

5 / 5

what a great honor it was to have you represent us

"What a great honor it was to have you represent us." J & D Dearest Diane & Jay, Thank you for giving us the opportunity to express what a great honor it was to have you represent us in our bankruptcy. We are sneaking up on our third anniversary [...]

5 / 5

This has made a huge difference in my life

“This has made a huge difference in my life” D.S. I approached Diane with a large debt problem. Although I was working with a company to pay down the debt, one of the credit card companies decided to sue me. This would have destroyed all my pay-back [...]

5 / 5

They helped me through a very difficult time

“They helped me through a very difficult time” P.J. Diane and Jay helped me through a very difficult time. My Husband passed after a year-long had to file chapter 7 bankruptcy, and needed to re-locate to Seattle to live with my daughter and her family. [...]

5 / 5

whole process went very smoothly from beginning to end

"whole process went very smoothly from beginning to end." Anonytmous We filed for chapter 7 bankruptcy and the whole process went very smoothly from beginning to end. This was thanks to Ms. Drain who was caring, professional and committed to making sure that we fully understood the bankruptcy [...]

5 / 5

Diane and Jay did an excellent job

"Diane and Jay did an excellent job" S.K. Diane and Jay did an excellent job and my wife and I could not be happier. She was able to help us keep the assets that were important to our family and answered our questions along the way. Very [...]

5 / 5

Process was very simple to understand

“Process was very simple to understand” R.C. Very professional Diane and Jay, loved their process was very simple to understand.

Law Off of D.L. Drain P.A., Arizona Bankruptcy Lawyer | "Helping You Get Your Life Back on Track"

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We are a debt relief agency; we help individuals and small businesses through the bankruptcy process. Attorney Advertising. This website is designed for general information only. Any information you obtain from this website should not be construed as legal advice, nor as grounds for forming an attorney-client relationship. You should consult an attorney for information on obtaining formal legal advice.

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