It’s no secret that student loan debt is wrecking the lives of millions of people across America. But did you know there are ways to solve your student loan problems quickly and easily?
The U.S. Department of Education has a number of solutions available to help people struggling under the weight of federal student loan debt.
Federal and state laws protect you from harassing private student loan lenders and collection agencies.
Good thing, too. There’s over $1 trillion in student loan debt out there, and 11% of student loan borrowers are in default on their payments.
The problem is that the laws, regulations and procedures are nearly impossible to understand and follow.
That’s why few people end up getting the help they need.
And it’s why you need a student loan lawyer on your side.
The Danger Of Falling Behind On Your Student Loans
Maybe you’ve thought about ignoring your student loans. Without money to pay them, you figure there’s no sense in taking any action.
The government can garnish your wages without a judgment, seize your tax refund (even an earned income tax credit), seize portions of federal benefits such as Social Security, and deny you eligibility for new education grants or loans. To make matters worse, collectors are allowed to charge fees that create ballooning balances.
Private lenders often hire outside agencies to collect your student loan debts. Sometimes, these companies cross the line and behave illegally. Other times, the private student loan lender will hire a lawyer to sue you.
There Are Ways To Help With Student Loan Debts
Most people don’t know it, but there are lots of options for managing your federal student loans. Some of those options include:
- deferment and forbearance
- income-dependent repayment options
- student loan consolidation
- rehabilitation of defaulted student loans (comes with a major credit score improvement)
- administrative discharge
- student loan forgiveness
When it comes to private student loans, your options include student loan debt settlement and defense of lawsuits brought by student loan collectors.
I’m A Student Loan Lawyer, And I Can Help
I’ve been a student loan lawyer longer than most people ever heard the term. In fact, I’m the first student loan lawyer practicing in both Los Angeles and New York City.
I’m not only a graduate of the inaugural session of the prestigious Student Loan Law Workshop, I’m also a regular speaker at the event. Teaching other attorneys how to practice in the field of student loan law means I not only understand the complex regulations that govern student loan law, but I am also uniquely able to explain those tough concepts clearly and simply.
I urge you to click here to contact me for a free, no-obligation phone evaluations to see how I can help you with your student loan issues. If you’d prefer, you can also call 866-787-8078 x710 to set up a time to talk.
Student Loan Law 101
If this whole student loan law thing sounds too good to be true, let’s start with the very basics.
There are many ways to get help with your federal and private student loans . . . and yet many people never get help because there aren’t that many lawyers out there practicing in the field. So, I’ve put together this series of articles that lay out some of the basics in plain language.
Remember, just because you can’t snap your fingers and wipe out your student loan debts doesn’t mean there isn’t a ton of help available out there. Now that you’ve got me on your side, you’ve got a resource you can rely on.
There’s a lot more to discover about student loan law, so click the big button below to get in touch for a free, no-obligation phone consultation.
Recent Articles About Student Loan Law
Of course, this is just the tip of the iceberg when it comes to dealing with federal and private student loans. We can talk about your situation during a free, no-obligation phone consultation. Just click the big button below to get things going.