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Is There a Statute of Limitations on Debt, Can I Just Not Pay? [video] - Debt.com

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A reader has a novel idea for paying back those loans.

Question: Are there scholarships/grants to pay off student loans (besides teacher loan forgiveness and other government programs)? Can I apply for a college scholarship and apply it to my loan debt?
— Elyse in Virginia

Howard Dvorkin CPA answers…

Howard Dvorkin on how to get out of debt fastAfter getting some information from you, Bill, I figured out the discrepancy: Your girlfriend took out government loans, while you have a substantial number of private loans. Why does that matter? I made this video to explain the differences…

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Have a debt question?

Email your question to editor@debt.com and Howard Dvorkin will review it. Dvorkin is a  CPA, chairman of Debt.com, and author of two personal finance books, Credit Hell: How to Dig Yourself Out of Debt and Power Up: Taking Charge of Your Financial Destiny.

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Meet the Author

Howard Dvorkin, CPA

Howard Dvorkin, CPA

CPA and Chairman

Dvorkin is the author of Credit Hell and Power Up and Chairman of Debt.com.

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