Collection letter from lawyer called and offered a cash settlement question?

It's not about logic, it's about what an attorney can do for their client. Sure, you may be unemployed now, but the creditor hopes it won't last...

2 points you should know. 1) There was a question as to whether or not Sallie Mae knew the school was illegitimate - if it did, you have a way to...

Can I sue a university if they retroactively changed the amount of financial aid I am recieving?

You need to talk to your financial aid counsel to let him/her (stumble) through their answer. There may be a very legitimate reason - or there may...

You might consider bankruptcy for your non-student loan debt, but if your being garnished and losing your tax refund becuase of a federal debt, you...

Filing for Chapter 7 with student loans

If these are federal loans, I have three letters for you to research - IBR - payments based on income. If you need more information, Google...

If i cosigned a student load am I obligated to pay and this loanee garnish my wages or put a lien on my house?

You first need to verify that this is a private student loan, not federal. My guess is that it is private becuase the only federal loan that...

Hi I am currently enrolled in a vocational program through the DOR and received letter stating 2000.00 limit of assets.

The student loan shouldn't be considered an asset - the money is going straight to the school. If this is a federal loan, the money will never...

Selected as the best answer

There is probably something to what you are saying, but your facts have to be very certain and the school will not admit to the Dept of Ed what...

Business Structure

If you're talking about payments based on income, they only thing they look at is your AGI on your personal taxes. The structure of your...

Help negotiating a defaulted private student loan

A private student loan is no different than a credit card debt when it comes to enforcement. The only difference is that it is very hard to get...