Studies have shown that having an attitude of gratitude and thankfulness can lead to better sleep, less inflammation, reduced physical pain symptoms, and lower blood pressure. Research also suggests that the Thanksgiving season can actually lift your spirits due to the practice of giving thanks.

The word gratitude comes from the Latin word “gratia,” which means gratefulness. Gratefulness and gratitude are thankful appreciations for what a person receives. The process of thankfulness is consistent with greater happiness.

Thankfulness helps people focus on what they have instead of what they do not. You can help cultivate gratitude by writing a thank-you note, keeping a gratitude journal, or mentally count your blessings.

Though 2020 has thrown some curveballs, we at Miller, Hollander, and Jeda are grateful and sincerely thankful for choosing us to help with your bankruptcy and student loan modification needs. To ensure your season is full of thanksgiving and the bounty of thankfulness, we’d like to offer our helping hand!

Student Loans modification options

If you are struggling to pay your student loans, a loan modification may be your answer. Loan modification means a change in the terms of your loan that can either reduce or eliminate your monthly payments. 

Consider one of these three types of student loan modification.

The first option is loan forgiveness.

For some professionals that qualify, loans may be forgiven and be considered repaid.

The second option is loan consolidation.

This option allows you to consolidate all of your loans, giving you one monthly payment that is more affordable with a lower interest rate.

The third option is loan rehabilitation.

This student loan modification is based on income allowing the borrower to make payments for nine months. After which the loan is closed.

COVID has put many consumers in a position where they are struggling to keep their heads above water financially. If any of these situations are familiar to you you may want to consider exploring the option of bankruptcy:

a) minimum credit card payments
b) behind on your mortgage
c) non-stop calls from creditors
d) suffered devastating life event, or
e) owe back taxes

Due to the complexities, different types of bankruptcies, as well as your unique situation, a free consultation with one of our experienced team is a must this holiday season!

If debt is causing you great anxiety and leaving you hard-pressed to feel thankful, please call Miller, Hollander, & Jeda at (239) 775-2000 for a free consultation!