Many Federal Loans Can Be Put Into Repayment Programs, Consolidation Or Be Discharged
There are several student loan programs, including but not limited to Direct Stafford Loans, Perkins Loans, Direct Consolidated Loans, Federal Family Education Loan Program (FFEL), Student Plus, Parent Plus, SLS (pre 1994 unsubsidized Standard loans), Joint Consolidated (husband and wife ) and HEAL loans.
Determining which types of student loans you have and navigating through the 11 types of federal loans and the nine repayment options can be a daunting task. Let our attorneys analyze your loans and come up with options, including repayment programs, consolidation and discharge of the debt.
Student Loan Default And Garnishments
Do not let yourself go into default by becoming over 270 days late. This could result in an administrative garnishment of wages, income tax refunds or Social Security Income.
If you have received notice of garnishment please contact our offices immediately. Your rights under an administrative garnishment are time-sensitive. With correct guidance you may be able to rehabilitate the loan and cure the default. This will allow you to get into programs where the payment is reasonable based upon your income or discharged because of your personal circumstances.
Student Loan Discharge
Under the right circumstances student loans may be discharged administratively or through the bankruptcy process. If you have been awarded Social Security Disability, Supplemental Security Insurance benefits, or have been determined by the Secretary of Veteran Affairs to be unemployable due to service-connected conditions, you may be eligible for a discharge of your student loans. You also may qualify for cancelation of your student loans if you are a public service employee. There is also relief for individuals to discharge student loans under the Bankruptcy Code if they can show undue hardship.
Finding Relief From Student Loans
At the law office of James H. Monroe, P.A., our lawyers have successfully helped individuals restructure, reduce payments or eliminate their student loan debt through bankruptcy and other administrative procedures. We will review your circumstances and develop a plan to cure defaults, rehabilitate your loans, manage your debt through a repayment plan or, when possible, discharge your loan debt.
You don't have to spend another day burdened by the weight of student loans. To discuss your situation in detail, call our office at 407-872-7447 or contact us online.
Consultations are free, by appointment.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
2507 Edgewater Drive
Orlando, FL 32804
Free Consultation by Appointments
Mon: 09:00 AM - 05:00 PM
Tue: 09:00 AM - 05:00 PM
Wed: 09:00 AM - 05:00 PM
Thu: 09:00 AM - 05:00 PM
Fri: 09:00 AM - 05:00 PM