The automatic stay stops collection — not interest. Here’s the Chapter 7 vs. Chapter 13 breakdown, and the 87% discharge success rate most borrowers leave untouched.
When student loan servicers change, your loans can be automatically placed in forbearance without your consent. Over 30 million borrowers have been affected. Interest keeps accruing during the transfer, and if you don’t act quickly, you could owe more than expected.
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