We Are Having Problems With Alaska Student Loans. – Daren

“Dear Steve,

This situation applies to both my wife (and by extension me) and my Mom-in-law. Both have “Alaska Student Loans” which total, between them, some $200,000. The original loans were for only about $20,000 in total. My wife and I live in Texas and my Mom-in-law in Florida. We have a couple of questions:

(1) While these loans are definately not federal, are there any statute-of-limitations (SOL) that may apply to them? I’m not sure whether the State of Alaska guarantees them or whether this would matter.

(2) If SOL do apply can the creditor or collector “restart” the collection clock if we contact them, pay something etc.?

Thank you for your help.


Dear Daren,

I’m sorry to do this but for this sort of multi-juridictional problem that involves your current state law I’m going to have to ask you to contact a local attorney licensed in your state.

Between the fact they are student loans and the multi-state issue, there are a lot of factors at play here that I’m not comfortable in guessing about.

Please post your responses and follow-up messages to me on this in the comments section below.


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