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Ask The Get Out of Debt Experts

I’m a Teacher and Afraid to Settle My Navient Private Student Loan

single mom

Question: Dear Steve, Public school teacher with public and private loans. My federal loans are now on the 10 year loan forgiveness plan after I consolidated all of my federal loans with the government and away from Sallie Mae. Unfortunately, none of the Sallie Mae payments counted toward the 120 consecutive payments, but I’m also on the income contingent plan. ... Read More »

    What Do You Know About Camden Legal Group?

    Searching-right

    Question: Dear Steve, I gave Camden Legal Group in Beverly Hills, California, a deposit for $4,000. and gave them instructions on how I wanted to handle my lawsuit against Nationstar mortgage!!! They called me after about a month to tell me that they could try to get my loan modified since it had recently been sold to another investor, to ... Read More »

      If I File Chapter 13 Bankruptcy Will My Son be Protected?

      Inside view of an antique combination lock of bank Mandiri in Jakarta, Indonesia

      Question: Dear Steve, I am the cosigner on my sons private student loans. I have been paying them because he is nowhere near able to pay the large amount. All was well until I had incurred very large credit card debt. I am thinking about filing a Chapter 13 bankruptcy. Will the automatic stay keep the lender from going to ... Read More »

        Do I Have a Good Case for Eliminating My Private Student Loan Debt?

        courthouse 2

        Question: Dear Steve, I am interested in pursuing bankruptcy for my private student loans. While this is usually a futile battle, documentation from the research I have done will make my claim valid. I have $41000 in debt to ACS, and I have $111000 in debt to Navient (Sallie Mae). Only about $30,000 of that money ($152,000) was actually used ... Read More »

          Can I Settle My Student Loan Debt With LendKey or Aspire Federal Credit Union?

          Moving up and the power of success with a growing tree in the shape of wings that has emerged out and has taken flight upward to opportunity as a business concept of the evolution of successful leadership and strategic planning.

          Question: Dear Steve, Private loans. Debt balance $39K. I have switched lenders many times. Finally got an interest rate lower than 8.9%, making some head way on my loan however I’m still being jerked around. Is it possible to request a settlement on a current loan? My lender is LendKey. They had me go through a credit union (Aspire) I’m ... Read More »

            Is Income Based Student Loan Forgiveness a Real Reality?

            The American flag hangs proudly with a blue sky background on Main Street in Hometown America.

            Question: Dear Steve, After 12 years of schooling to obtain a doctorate in veterinary medicine as well as a masters in public health, I managed to accumulate over $300,000 in students loans by the time I graduated in 2009. Following a 1-year internship where I needed to defer the loans, this increased even higher. Consequently, I have had to transition ... Read More »

              How Will I Be Able to Repay the IRS?

              irsverify

              Question: Dear Steve, Hi Steve- I am a 57 year old single father and am in a lot of debt- and just did my taxes and owe the IRS $3500 which I do not have. I accumulated too much credit card debt and can barely afford to put food on the table after bills are paid. I had to pay ... Read More »

                I Can’t Afford to Pay My Mom’s Parent PLUS Loan for My Education

                Skidding

                Question: Dear Steve, Hey there, so my stepmom took out a parent plus loan to the tune of $100k to pay for my tuition. Obviously, I’m the one stuck with that bill now. She makes about $18k per year so she can’t pay it nor can she help me pay it. The curveball here is my Dad. My Dad makes ... Read More »

                  Should I Just Defer My Navient Loans? – Katie

                  crystal ball

                  Question: Dear Steve, Hi Steve. So I just spent an hour calling at least 5-7 different numbers of Navient’s trying to find information about my newly defaulted private loans. Because they literally defaulted today, all I was told is to call back by Friday when they’re in the system. My question for you is if I have the option to ... Read More »

                    Will My UK Debt Effect My Migration to Canada?

                    crystal ball

                    “Dear Jon, My bank account balance in uk went to negative 200 pounds, it is because i took loan and the loan was recovered from my bank…….secondly I have an unpaid mobile contract bill……will these two effect my uk PCC for my migration to Canada. I was unable to pay as I had to leave the country as my visa ... Read More »

                      Can We Take Over the Parent Plus Loan from Mom?

                      The American flag hangs proudly with a blue sky background on Main Street in Hometown America.

                      Question: Dear Steve, My wife and I are both active duty military. All of my college was paid for using the GI Bill and Tuition Assistance. Unfortunately, my wife did not join the military until her second year of college so she had to get a loan to pay for her out of state tuition. She took the loans out ... Read More »

                        How Can We Forgiven Parent PLUS Loans Now The We Are Retired?

                        retirement

                        Question: Dear Steve, Took out Plus Loans when son and daughter were attending college in the 90’s. We are still paying on them and now in our 70’s. We have about $8,000 left on the loans and since we still have a mortgage, it would help significantly if we didn’t have this debt. We are both on Social Security. Is ... Read More »

                          Is Lexington Law Firm Worth the Money?

                          sabatoging_credit_score

                          Question: Dear Steve, I was in the military young and on my own. I had a credit card that I maxed out quickly and a lot of personal loans taken out back then and a few payday loans now. I want to clean up my credit now to buy a house and start a business so I have been paying ... Read More »

                            Are My National Collegiate Student Loan Trust Expired and Not Collectible?

                            happy

                            Question: Dear Steve, Son has private student loan. National Collegiate Student Loan Trust is now suing him. He took out loan in 2007 and they sued him a couple of months ago. When does the Statue of Limitation run out private student loan in California? When does Breech of Contract occur? If you have not paid any thing on a ... Read More »

                              Success Link Processing Won’t Give Me My Money Back

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                              Question: Dear Steve, I was enrolled in a program Success Link Processing through a company I saw in the Filipino Channel. The company I saw was Financial Rescue LLC owned by Rod Mercado. He promised us that our problems will go away if we enroll in his program, the said company Success Link Processing LLC. We did not know he ... Read More »

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