Question: Dear Steve, I started school in maybe, 2010. Not sure of the exact date. I became homeless and was unable to continue schooling due to circumstances. I had received phone calls from the collection agencies and agreed to pay a monthly fee. Shortly after I made the agreement, I went to jail for 6 …
Question: Dear Steve, Hi, Steve; This is my actual situation: I have a private student loan debt over $35,000 with Chase Bank dated since 2003. After few years making payments I lost my job and moved out of the country for other issues, then last year (06/2019) I moved back with my family (wife and …
Question: Dear Steve, Sallie Mae/Navient student loan fraud. I was fired from my job in 2009 (b/c I was pregnant, and not illegal in the state of GA) I was paying on my student loan (income based payments) until then. I had to file bankruptcy but I was told the student loan could not be …
Student loan rehabilitation is a process that has been limited to federal student loans. This allows the borrower a one-time opportunity to make a series of agreed-upon payments to bring a defaulted loan into good standing again. It has been a good tool to use to prevent federal student loan debtors from falling entirely off …
Question: Dear Steve, Greetings. It is a long story…I have a Master’s degree, was in a terrible accident, had a subsequent relationship issue ensnaring me in a legal fiasco over my daughter. I prevailed. In that time I defaulted on my student loans initially because of an address issue. I called to get into a …
Question: Dear Steve, I defaulted on student loan, wages going to be garnished, called to see about paying it off in full and they said it is better to do the rehab program for credit. To me it makes more sense to pay off the $9000. since I have the money, but according to lady …
Question: Dear Steve, Received a statement from the IRS saying THEY goofed, misapplied some payments, and now I owe money–plus interest penalties! For THEIR mistake? Ridiculous. Also, the federal loan rehab application that I have fedexed, faxed and sent via certified mail with confirmation of receipt each time is being ignored. Can you recommend a …
Question: Dear Steve, Multiple federal loans and grants in default. 3 of which have already been placed in a rehab program with monthly payments of $5. Currently a homemaker with one income, fiances’, as I am home with our 3-month-old child. Looking for best option to get all of my loans out of default and …
Question: Dear Steve, I was just wondering if you could give me some advice on a 25-year-old student loan for $7,000 which got me in trouble. Any advice you can give me my question is if there is any help out there for me I am paying interest on interest for 25-year-old $7,000 student loan …
Question: Dear Steve, I have been in default with wage garnishment for about a year on my federal student loans. Based on the advice you give, I applied for Loan Rehabilitation with Transworld, the company who has the debt (and who, incidentally, is being sued by my home state, along with others). I sent a …