Do you struggle to make your student loan payments?? If you answered yes, welcome to a club of over 43 million student loan borrowers in the United States.
As you have probably found, dealing with student loans companies is complicated. Sometimes it’s hard even to get a handle on what student loans you have and who you owe. To make matters worse, if you are in default, federal student loan creditors can take your income tax refund and attach your wages without even filing a lawsuit.
The good news is that there are nine different federal repayment plans that may provide affordable payment options. The not so good news is that getting enrolled in one of these payment plans can be difficult. This is where Steidl and Steinberg can help. Our attorneys have over 100 years of combined experience helping our clients navigate life’s most difficult financial situations. Keep on reading to see how this works.
Analysis at a FREE Consultation
After a thorough analysis of your student loan records, financial profile, and income, our firm can determine your eligibility for each of the nine federally approved student loan repayment programs. Each program differs in how they forgive, restructure, or consolidate your debt. We will do this for you for free. Normally, you will qualify for one or a combination of the following:
| Affordable Repayments
Reduce your monthly payment amount based on how much you make, not how much you owe, so your payment will always be affordable. |
Loan Forgiveness
Determine if you qualify to have the federal government forgive part, or all, of your federal student loans. |
| Default Resolution
Consolidate your defaulted loans into a new federal student loan and cure any existing defaults. |
Consolidate Your Payment
Consolidate all of your federal student loans into a single loan with one easy payment to a sole loan servicer. |
Application
After your initial consultation, it will be time to make a decision on how to proceed. This will be done with our guidance, of course. From there, we will prepare and submit the appropriate applications to the student loan companies.
Ongoing Requirements
All federally approved repayment programs require you to “recertify” your income every year. To do so, you will be required to complete the recertification and submit it. We can help with this too!
Getting Started
The first step to getting your student loan debt under control is to request an analysis of your student loan debt with one of our experienced attorneys. After the analysis is complete, you will be provided with your options based on the qualification factors required by the Federal Government and Department of Education.
What happens if I don’t want to move forward?
There is no obligation to hire our firm after the initial evaluation. We will provide you with a copy of your analysis and our contact information if you choose to pursue your options at a later time.