What Happens if You Default on a Student Loan

One of the biggest questions I receive as a debt relief attorney, is what happens if you default on a student loan?   First, it depends if you have private student loans or federal student loans.  But the bottom line is, you definitely do have options to get student loans out of default, as you can …

How to Get Out of Default

Private student loans are not unlike credit cards. If you find that you can’t pay your private student loan, your loan will go into default and you will need to find a way how to get out of default.  According to Motley Fool, 43 million Americans collectively owe $1.3 trillion in student loans.  Students who …

Can I Really Represent Myself Instead of Hiring a Student Loan Lawyer?

Anyone can learn the law and defend themselves in a civil case (excluding some small claims courts), so the answer is yes.  And anyone can negotiate a debt settlement, as long as you educate yourself thoroughly.  Keep in mind that the plaintiff’s attorneys have vast resources at their fingertips and are ready to use them …

8 Tips For Dealing With Student Loan Debt After Graduation

Graduation is upon us!  Many new college graduates will be confused about what to do if they are graduating with student loan debt. According to higher education and student loan expert Mark Kantrowitz, among the 70% of students who will graduate with student loans, the average amount of student loan debt for a 2016 graduate …

Loan Rehab Program For Federal Student Loans

You never expected to end up in over your head when you applied for federal student loans, but circumstances have a way of working out differently – and now you’re in default on payments. Fortunately, you have options such as student loan forgiveness to move out of default, get back on track with monthly payments …

The Private Student Loan Debt Disaster and How It’s Become An Epidemic Problem

Many ambitious college students need to take out loans to fund their college education and pay for living expenses while attending classes. Private loans have often seemed to be a smart option, especially since students could ask a trusted friend or family member to co-sign the financing. However, these arrangements have recently come under fire …

The difference between private and federal student loans

Whether you’re in high school and considering college or want to go back to school for additional training, you might need to look into borrowing funds to pay expenses. Tuition, boarding and the cost of living can be high, which is why many people think about private and federal student loans in San Diego. There …

Options If I Default on Both My Federal and Private Student Loans

La Jolla, CA – March 2, 2015 Q: What are my debt relief options if I am delinquent on both my federal student loans and my private student loans? A: Falling behind on your student loan payments is a problem far too common. I speak with people on a frequent basis facing delinquency in payment …

The Student Loan Crisis is Worse Than You Think

Student loan debt continues to be the hot topic in the news. While recent reports have reported the number of student loan delinquencies decreasing, things appear to be worse than we’ve been hearing. The following article breaks down this whole mess and shows why we should be alarmed at the level of both federal and …