Student Loan Lawyer

Student Loan lawyer

Student Loan Lawyer — A student loan lawyer is a general term to describe the types of problems an attorney handles. It does not, however, always mean the same thing.

Jay S. Fleischman is a student loan lawyer with 24 years of experience helping people with debt and credit problems. He is one of the best and you can contact him on his official website Money Wise Law.

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Services student loan lawyer Jay S. Fleischman provides

Student Loan Problems

  • Repayment Planning and Advisory Services
  • Public Service Loan Forgiveness
  • Loan Forgiveness and Discharge Planning
  • Default Resolution
  • Administrative Wage Garnishment and Tax Refund Offset Resolution
  • Settlement and Compromise
  • Lawsuit Defense

Debt, Credit and Personal Finance

  • Bankruptcy Representation*
  • Bankruptcy Dischargeability Actions*
  • Collection Lawsuit Defense*
  • Collection Abuse Litigation*
  • Credit Report Error Litigation*
  • Debt Settlement and Financial Wellness Consulting

Relevant questions and answers about student loan lawyer

Can a lawyer help with student loans?

Student loan lawyers can provide a variety of services for their clients. For one, they can help you negotiate with financial institutions to change repayment terms or lower your interest rates. They can also give legal advice and represent you if you end up in court.

Can I go to jail for not paying student loans?

Can You Go to Jail for Not Paying Student Loan Debt? You can’t be arrested or sentenced to time behind bars for not paying student loan debt because student loans are considered “civil” debts. This type of debt includes credit card debt and medical bills, and can’t result in an arrest or jail sentence.

Can you legally remove student loans?

Student loans can be removed from your credit report if they’re reported inaccurately, or if you’ve paid them off (but they’re still on your report). In either case, you need to dispute the record to erase it from your credit report.

Can a lawyer negotiate student loan debt?

Attorneys can negotiate federal student loan settlements but may prove most helpful if your private student loan holder has sued you. Work with a debt settlement company. Only some of these companies help settle student loans, and some lenders won’t negotiate with debt settlement companies.

How do I fight student loan debt?

  1. Qualify For A Federal Student Loan Forgiveness Program.
  2. Find State Assistance For Your Student Loans.
  3. Find Out If Your Employer Offers Tuition Reimbursement.
  4. Consolidate Your Federal Student Loans.
  5. Find A Repayment Plan That Matches Your Ability To Pay.

Can I sue my student loan lender?

You may wonder if you can join a lawsuit against your school or student loan servicer. In most cases, you can’t. Even if a class-action lawsuit is filed against your school or student loan servicer, a borrower does not “join” the lawsuit.

What happens if you Cannot pay student loans?

Let your lender know if you may have problems repaying your student loan. Failing to pay your student loan within 90 days classifies the debt as delinquent, which means your credit rating will take a hit. After 270 days, the student loan is in default and may then be transferred to a collection agency to recover.

What happens if I never pay student loans?

When you default on your federal loans, the entire outstanding balance—not just the payments that you’ve missed—becomes due, including accrued interest. Loss of eligibility for federal benefits. You’ll no longer be eligible for federal loan relief programs like forbearance, deferment or income-driven repayment plans.

What happens if you cant pay your student loans?

You can no longer receive deferment or forbearance. The notice of default will appear on your credit report and affect your credit score. Tax refunds and federal benefit payments (like social security) can be garnished. Your loan holder can take you to court.

Do student loans drop off after 7 years? The seven-year rule

A discharge from bankruptcy releases you from your obligation to repay your student loans if you filed for bankruptcy at least seven years after the date you ceased to be a part or full-time student.

How can I get my school loans forgiven?You can get federal student loan forgiveness through the Public Service Loan Forgiveness program after making 120 monthly student loan payments (10 years) and meeting other requirements.

How can I get my school loans forgiven?

You can get federal student loan forgiveness through the Public Service Loan Forgiveness program after making 120 monthly student loan payments (10 years) and meeting other requirements.

Can my student loan be forgiven after 20 years?

The Pay As You Earn Repayment Plan qualifies you for loan forgiveness after 20 years of on-time payments. This repayment plan will generally offer you the lowest monthly payment. To enroll in this repayment plan, you must demonstrate financial hardship.

Does settling student loan debt hurt your credit?

Settling your student loan debt will hurt your credit score. Because the lender takes a loss when it settles, an account that was settled for less than the full amount also shows up as a negative mark on your credit reports.

What happens if your student loans go to collections?

If your account goes to collections, you’ll be assessed collection fees in addition to the student loans you owe. As long as your loans remain in default, the following can also happen: Wages can be garnished and income tax refunds can be taken to repay debt. You can become ineligible for federal financial aid.

How can I avoid paying back student loans?

You can avoid paying more than you owe by changing your payments to direct debit in the final year of your repayments. Keep your contact details up to date so SLC can let you know how to set this up. If you have paid too much the Student Loans Company ( SLC ) will try to: contact you to tell you how to get a refund.

Can your student loans be forgiven after 10 years?

The Public Service Loan Forgiveness program discharges any remaining debt after 10 years of full-time employment in public service. Term: The forgiveness occurs after 120 monthly payments are made on an eligible Federal Direct Loan. Periods of deferment and forbearance are not counted toward the 120 payments.

Can you lose your house because of student loan debt?

If a defaulted student loan is unsecured, like all federal student loans and most private student loans, the lender must sue the borrower and get a court judgment against the borrower before they can seize the borrower’s property. A lien prevents the borrower from selling the property without satisfying the lien.

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