Chicago Student Loan Debt Attorney

Chicago Student Loan Debt Attorney

Defending the Rights of Consumers in Illinois

In the United States, student loan debt has tripled over the past decade
and now exceeds $1.5 trillion. This is greater than each auto debt and credit
card debt. According to knowledge, greater than 1 million student loan debtors
go into default every year. It is predicted that just about 40% of debtors
will default on their student loans by 2023.

If you’re struggling to maintain up along with your student loan funds, you must
converse to our legal professionals to learn the way we can assist you get aid out of your
money owed. At
Edelman Combs Latturner & Goodwin LLC, we’re dedicated to aiding shoppers with their student loan points,
and we are going to use our in depth sources and expertise to guard your rights.

Call (312) 626-3585 for a free session.
Se Habla Español.

How Our Student Loan Disputes Attorneys Can Help

At
Edelman Combs Latturner & Goodwin LLC, our agency can help with all kinds of student loan points involving:

  • Private Student Loans
  • Servicing Errors on Federal Loans

Our student loan lawyer can assist you within the following methods:

  • They can give you authorized recommendation and steerage relating to your rights
    and choices.
  • They can symbolize your pursuits in communications or negotiations with
    a student loan holder, student loan servicer, debt assortment company or
    administrative physique.
  • A lawyer can assist you resolve delinquencies or defaults or apply for loan
    discharge.
  • They can shield you from unfair or abusive conduct by debt collectors
    and different businesses.
  • They can deal with credit disputes.
  • A lawyer can symbolize you in courtroom if wanted.
READ:   How This 29-Year-Old Paid Off $113,000 In Student Loans In 7 Years

Federal Student Loans Lawsuits

If you’re having points with federal student loans you’ve got taken out,
our authorized group can assessment your case and assist you attain a good decision.
Under the William D. Ford Direct Student Loan Program, the federal authorities
began making “Direct Loans” on to debtors. Although
these loans are funded by the Federal Government, they’re serviced by
personal corporations which have contracts with the Department of Education.

If you’re being
harassed or your account is being uncared for by loan servicers, seek the advice of with our
authorized group to learn the way we will shield your curiosity. Servicers have
an incentive to delay compensation of loans as a result of the longer it takes for
debtors to repay their loan, the extra earnings is obtained by the loan’s
servicer. Loan servicers obtain a month-to-month charge from the Department of
Education for every loan they service. Delaying compensation or discharging
loans will increase the servicer’s charge earnings.

Navient Student Loans

Navient, the second-largest student loan servicer within the nation, is presently
being sued for failing to supply income-based compensation plans to eligible
debtors, in the end including $4 billion in curiosity to debtors’
loans via the usage of forbearance for individuals who qualify for income-based
compensation plans.

Call (312) 626-3585 Today

If you assume your servicer delayed your enrollment in an income-based compensation
plan or canceled a well timed renewal of your income-based compensation plan.
Consultations are free. Services can be found in
Spanish.

Contact us

What Can I Do if I’m Being Sued for Student Loans?

If you’re being sued for not paying your student loans, there may be hope.
Below are some widespread defenses to student loan lawsuits. Keep in thoughts
that solely an skilled lawyer can assist you thru your particular circumstances.

  • You by no means agreed to pay the debt.

    • If you’re a sufferer of
      id theft, it’s attainable the information are usually not right and also you by no means agreed to pay
      the debt. The debt is just not truly yours.
  • You have fulfilled the debt or you’ve got a stability in your loan, however you
    are being sued for greater than what you owe. The lender’s information
    are usually not up-to-date.

    • Review all paperwork relating to your loan, funds, and credit stories
      for errors. If your information replicate your precise funds, then you’ve got
      a protection.
  • You filed for chapter and the student loan was discharged.
  • Your faculty was closed and also you had been unable to finish your instructional
    program, subsequently the loan ought to be canceled.

    • This usually applies to federal student loans solely. If you requested
      a cancellation and it was accepted, collect all paperwork that help
      this. If the request is pending approval, it’s possible you’ll have to request a forbearance.
  • The lender waited too lengthy to sue you.

    • This solely applies to non-public student loans. Federal student loans have
      no statute of limitations.
READ:   Student Loan Forgiveness and Repayment Programs

Speak to a Student Loan Attorney Today

Our authorized group will assessment the main points of your case and construct a powerful
authorized technique that can guarantee your rights and pursuits are absolutely protected.
We have supplied numerous shoppers with expert authorized illustration,
and we’re right here to information you thru each side of your case.

Call (312) 626-3585 to arrange your free session with a Chicago student loan lawyer.