Are their experts you can hire to help you with defaulted student loans?

Answers:2   |   LastUpdateAt:2012-11-05 06:08:02  

Question
baily
Asked at 2012-08-12 14:49:03
I have a loan of student loan went into default. It is now in the hands of a debt from 2008 . They added about 19 % in collection costs . I was unable to work for 5 years and was to bad to handle anything about her and never had a deferment, etc. Now I'm trying to realize the loan, but I DO NOT want to consolidate and recognize costs. The loan is $ 17.5K with the principal and interest. The collection costs $ 24.5k brought up in one night. Would you be willing to work with me , if I showed them proof of my illness during that time, like a Social Security card or a lawyer?

It was originally through Sallie Mae, but now through a debt collector. SM not talk to me . Does Sallie Mae still owns the loan or sold it to the debt collector ?

Someone said to see if there is a statute of limitations on a student loan .
Answer1JayleenAnswered at 2012-08-18 16:58:03
The best way to get your student loan out of default is to pay at least a hundred dollars a month. Then the loan back to the original creditor after a year of payments. After you have more options . I did, and returned to school and ended after falling earlier.
Related Questions
1
  • Answer This Question:Are their experts you can hire to help you with defaulted student loans?