Meet with one of our experienced bankruptcy attorneys, not paralegals, to review your financial situation. We will analyze your loans and let you know what programs you are eligible for.
Life doesn’t always go as planned. When you first signed up to receive financial aid or agreed to the terms of a student loan, you were predicting what your financial situation would be like after graduation. And for many graduates… things are very different now.
The good news is that there are nine different federal repayment plans that provide options for recalculating and in some cases forgiving a portion of student loan debt.
With over 20 years of experience helping our clients navigate life’s most difficult financial situations, our team is uniquely suited to evaluate your financial profile and determine your eligibility for specific programs.
Our expert student loans attorneys will prepare your application for your selected program and work directly with your lender through our private portal to expedite your application.
After your program application is made and we review your documents with your lender the lender will notify us of their decision regarding your program acceptance.
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.
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.
Why retain a student loan lawyer?
Your loan servicer works for the United States Department of Education. They do NOT work for you. Their sole job is to collect the money that is owed on the student loans.
Many consumers incorrectly believe putting your student loans into deferment or forbearance is a good idea however that is really one of the worst things you can do if you owe student loan debt. The interest will keep accruing on these loans and you will just be getting deeper into debt.
While filing bankruptcy will delay the collection of the student loan debt it will still not stop the interest from accruing.
There are many great income-based repayment plans coupled with the loan forgiveness available for many consumers. Depending upon the size of your family, your adjusted gross income, and the amount and type of your student loan debt, your payment could be zero dollars per month!
How can you afford a student loan lawyer?
Our firm provides financing options on our attorney fees for services that work with most any budget.
Most times, a lawyer is cheaper than the alternative, such as a wage garnishment. In the long run, using an attorney is cheaper that the consolidation companies while offering more secure and far better options.
In the end it is key to do a cost-benefit analysis: How much are you paying in fees, interest and other costs in your current situation? What will you pay for a student loan lawyer who can help you get out of that situation?
Reduce your monthly payment amount based on how much you make, not how much you owe, so your payment will always be affordable.
Determine if you qualify to have the federal government forgive part, or all, of your federal student loans.
Consolidate your defaulted loans into a new federal student loan and cure any existing defaults.
Consolidate all of your federal student loans into a single loan with one easy payment to a sole loan servicer.
The first and most important step is to request an analysis of your student loan debt with one of our experienced attorneys.
After the analysis is complete, you will be provided with your options based on the qualification factors required by the Federal Government and Department of Education.
There is no obligation to hire our firm after the initial evaluation. We will provide you with a copy of your analysis and our contact information if you choose pursue your options at a later time.