QUESTION
Currently well into default on my private student loan with a 41k balence or so. Can I retain an attorney to negotiate the debt and/or get it dismised
Asked on Jan 03rd, 2012 on Debtor and Creditor - Florida
More details to this question:
what type of lawyer would handle something like this ? Im sure creditors have compliance guidlines they have to follow and have to be able to supply supporting documentation when a debt is challenged. I would like to speak to a lawyer in this area of expertise to at bare minimum get the default stopped and back to repayment status.
1 ANSWER
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You should speak with a consumer rights attorney and/or a bankruptcy attorney. In rare occasions, some student loan debt can be discharged in bankruptcy. Speaking with a consumer rights and/or bankruptcy attorney may help in determining what your options are, and what is the best course to follow. Most bankruptcy attorneys will offer a free initial consultation to determine if bankruptcy is appropriate.
This is not intended to be legal advice, and is general in its nature. No attorney-client relationship exists or is formed by this information. Furthermore, this does not represent the views or opinions of LexisNexis or its affiliated companies.
Answered on May 22nd, 2012 at 1:56 PM