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My mom was sued 5 years ago for a private student loan in TX, now they are suing me it is past the statute of limitations?
Joshua's answer
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Answered on May 06, 2012
If this is a true private student loan then it is subject to the SOL in your particular state if that is where they sue you. As such, if the SOL...
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Im poor w/large family, owe $30,000 student loans never able to make more than $20 pmnt when employed can bankruptcy help me?
Joshua's answer
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Answered on May 05, 2012
A local bankruptcy attorney will know your odds to get a successful discharge. First, I'd like to know why you didn't finish. If the school...
Can my deliquent student loan take my life insurance benefit from my mother's death?
Joshua's answer
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Answered on May 05, 2012
It depends, is this a federal student loan or private? If federal, then no, there isn't a mechanism for the feds to get the money, unless they sue...
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What is the actual percentage for wage garnishment?
Joshua's answer
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Answered on May 05, 2012
The percentages are not mixed. The most a paycheck can be garnished is 25% combined all garnishments. Federal loans are governed by federal law...
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Have about 75,000 student loan dept,am a Teacher @ A charter school.don't make enough to pay them back the $700 mnth they want
Joshua's answer
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Answered on May 05, 2012
It depends if this is a federal or private loan. If federal, request IBR. If private, beg the lender to work with you. Also, if federal,...
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My student loans went into a garnishment on my paycheck 2 years ago. Can I get the garnishment removed & just make payments?
Joshua's answer
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Answered on May 05, 2012
If this is a federal loan, there was no lawsuit. Federal loans use an administrative wage garnishment and need only give you 30 days notice. If...
Archived
I teach in Texas...if I fail to pay my private student loan can they pull my teaching license?
Joshua's answer
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Answered on May 05, 2012
First, you need to establish if this really is a private loan. Go to www.NSLDS.ed.gov to review all your federal loans. If your loan doesn't...
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Student Loan Debt and Central District of California Chapter 7 Bankruptcy of Co-Signer
Joshua's answer
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Answered on May 05, 2012
Talk to your attorney about switching to a 13 - you should be allowed to cure the default via the plan. Only your bankruptcy attorney will know...
Archived
SOL for a private not federally backed student loan?
Joshua's answer
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Answered on May 05, 2012
A private loan is subject to state law SOL. However, there could be quirks. It could be based on the state you signed it, the state you reside...
Archived
Is there a statue of limitations on the collection of student loans in Missouri
Joshua's answer
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Answered on May 05, 2012
Federal loans have no statute of limitations, private loans will be based on state law. If federal and not in default, look to IBR. If in...
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