What is a student loan lawyer?
A student loan lawyer is an attorney with advanced knowledge of student loan law, which includes the law for federal student loans, private student loans, and, occasionally, bankruptcy.
They are uniquely situated to give legal advice on complex student loan problems. They understand how the student loan process works, what rights borrowers have and can provide sound legal options to move forward.
What is the difference between student loan lawyers and student loan debt relief agencies
Many companies out there claim that they can help you with your student loans. In return for a fee, they promise to consolidate your loans or reduce your payments.
These student loan debt relief companies are often expensive. Many of the services they offer — such as reducing your monthly payment by signing up for an income-driven repayment plan — are things you can do for yourself for free.
Student loan lawyers are quite different from student loan debt relief agencies. While student loan attorneys will charge you a fee for their service, they provide essential assistance rather than doing what you could easily do yourself.
How can a student loan lawyer help you?
Our student loan lawyers can analyze your loans and provide you with the knowledge and tools to understand and take control of your student loan debt. We can even help you recertify your loans on an annual basis and make sure you are in the correct forgiveness program. In addition, our lawyers can:
- Stop collection activity: federal law allows the federal government to send wage garnishment orders and take your tax refund and Social Security Benefits without a court order. The COVID-19/Coronavirus forbearance has temporarily suspended collection activities through September 2021.
- Ensure the eligibility for loan forgiveness programs: thousands of public service workers (teachers, corrections officers, etc.) were denied student loan forgiveness because they didn’t meet the technical criteria of the Public Service Loan Forgiveness Program (PSLF). A student loan lawyer can review your loans and develop a strategy to maximize your eligibility for loan forgiveness.
- Lower monthly payments: forbearance and deferment are temporary. At some point, they’ll end and you’ll need help getting an affordable repayment plan.