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Ask The Get Out of Debt Experts

Mystery Minister Mired in Massive Navient Student Loans

Money puzzle piece

“Dear Steve, I have both federal and private student loans that are jointly signed by my parents and I. My private loans are around 76K and the federal loans are around 22K. The private loans’ interest rate is variable and can change: between 3.25 and 4.25 percent. My federal loans are 2.88 percent. The company I have borrowed from is ... Read More »

    Can I Ever Get Out of Debt From My Car Title Loan?

    Repo Truck

    “Dear Steve, I owe 3 credit cards totaling 4000 with an interest rate of 22.9%. BUT I also have a title loan of 9000 which has an interest payment of 525 a month. I know I was stupid but that’s water under the bridge now. My question is this, should I pay off my credit cards first and then tackle ... Read More »

      I Thought I Had Reaffirmed My Mortgage in Bankruptcy But Didn’t

      Real Estate Concept

      “Dear Steve, I filed bankruptcy about 4 years ago. I thought I re-affirmed my mortgage with Citi Financial. I continued to pay the mortgage but fell behind and decided not to continue owning the house. I contacted Citi and tried to do a short-sale but it didn’t go thru. During the second attempt to sell, a water line broke and ... Read More »

        What Happens if I Leave the U.S. and Can’t Pay My Student Loans?

        Japanese Rock Garden

        “Dear Steve, I borrowed $90k to fund my degree in the US and thereafter moved overseas for work. The loan was through Access group and they have since transferred it to First Associates. There was no cosigner on the loan and I have there are not assets secured on the debt. I am not a US citizen or green card ... Read More »

          Will My Old UK Debt and Taxes Owed Prevent Me From Returning to the UK?

          questions narrow

          “Dear Jon, I lived in the UK since about 2000 to 2007. I left the UK in 2007 due to family health issues, Dad subsequently passed away. Was expecting to come back to the UK but circumstances changed and was not able to return until now. What happens to unpaid taxes? Unpaid credit cards or bills? Have been told debt ... Read More »

            My Husband Ran Off With Another Woman and Left Me in Student Loan Debt

            Pow! - Comic Speech Bubble, Cartoon

            “Dear Steve, My husband took off with another woman. Our house is now in foreclosure and our daughter had to quit college because my ex messed up loan application paperwork. We took out Student Plus loans done in my name because he was overseas when the paperwork needed to be signed, but part of the divorce settlement stated HE WAS ... Read More »

              The Credit Union Won’t Lower My Son’s Student Loan Interest Rate

              waving

              “Dear Steve, Too much student debt and banks wont help. My son has a few student loans. One of them is from a credit union with an interest rate of 9.5% The payments are $658 for the next 25 years!! We have asked them to lower the rate, so he can make the payments, but they said they can’t. My ... Read More »

                Am I Doomed as a Student Loan Cosigner?

                Portrait scary monster clown

                “Dear Steve, I co-signed a Sallie Mae (now Navient) student loan for my daughter’s half-sister about 10 years ago. She never finished her degree, got married and just gave birth to her third child. For the most part, she’s made payments on the loan but often put it in deferment or forbearance for periods of time. The current amount of ... Read More »

                  The Statute of Limitations Has Expired on My Sallie Mae Student Loans

                  closeup of a gavel on cash, from above

                  “Dear Steve, I took out 4 student loans in 2005, 2 Federal and 2 Private. I am current and making payments on the Federal, but my 2 private loans with Sallie Mae have more than tripled in size since 2007. Sallie Mae is trying to say I made a payment in 2009, but there is conflicting information on my credit ... Read More »

                    Debt Buyers Keep Selling My Debt And I’m Being Sued

                    kiten hiding

                    “Dear Steve, I recently attended at Case Conference Meeting at my local courthouse for an old credit card debt and judgement. Prior to the conference I contacted the attorney (listed on court docket) representing the debt buyer and was informed the attorney no longer represented the firm and it now with a new debt buyer. At the meeting an attorney ... Read More »

                      I Was Unfairly Terminated and My Firing Caused a Bunch of Debt

                      IMG_1842

                      “Dear Steve, I was left terminated after corporate falsely identified me not eligible for a temporary leave when I have documented hospital visits to remain out of work for the needed amount of time to qualify for the temporary leave. Corporate denied my request, even though I met qualifications. And was later corrected but due to their rehire policy they ... Read More »

                        What Happens to My Cosigner if I Stop Paying My Student Loans

                        NCLC Report

                        “Dear Steve, Over $200,000 in private student loan debt with a cosigner. If I choose to stop paying my private student loans, will I be held responsible or will the companies go after my cosigner? Lulu” Dear Lulu, Nothing good is going to result. The lender will most likely pursue you and/or the cosigner for payment. The defaulted payment history ... Read More »

                          Paying Companies To Delete Negative Credit Report Information

                          tug of war

                          “Dear Michael, During my junior year of college my parents provided me with a credit card that they paid off in full each month, they never missed a payment and I never worried about the money. I took out a credit card on my own my senior year of college, which I could make the minimum monthly payments until I ... Read More »

                            Can I Really Discharge My Student Loan Cosigner Liability in Bankruptcy?

                            Mature woman confused

                            “Dear Steve, I am currently filing for Chapter 7 bankruptcy in TX. A large amount of my debt comes from being a co-signer on multiple private student loans for my son. He graduated Dec 2008 with a finance degree as the economy was headed down. He was not able to get a job for more than 1 year. He worked ... Read More »

                              My Crowdfunding Donations to Help a Sick Friend Are 1099-K Taxable Income?

                              Portrait Of Shocked Woman Looking At Camera Isolated On White Ba

                              “Dear Steve, My friend’s mother was diagnosed with cancer and died within a few short months. As the end was nearing I started a GoFundMe page for my friend (age 24) who was to become the sole guardian of her TRIPLET siblings. Due to an amazing community effort, $36,000 was raised. All said it was a miracle…except when the 1099k ... Read More »

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