Can’t pay for your student loans?
If you can’t pay your student loans, you’re not alone; there is over $1 trillion of student debt outstanding in our country. The student loan lawyers at Jump Legal, a Columbus, Ohio, law firm, can help you manage or eliminate your student loan debt.
You worked hard for your college education, but after graduation it can be difficult to find employment. Without a job it’s impossible to pay your bills, including your student loan payments.
- Are you struggling to make your monthly student loan payment?
- Are your student loans in default?
- Are you facing wage garnishments by your student loan company?
- Are you receiving harassing calls from your student loan company?
If you answered YES to any of the questions above, the student loan lawyers at Jump Legal can help you lower or erase your student debt completely.
Millions of Americans have trouble managing their student loan debt; our firm is dedicated to achieving student loan solutions. If you think there’s nothing you can do about your high student loan bills, think again. Contrary to popular belief, your school debt can indeed be managed with our three step approach.
STEP ONE: Evaluation
Our student loan attorneys will evaluate your student loan situation to determine the status of your student loan(s), which are categorized into two main categories: private and federal.
It is important to determine whether the loan is private or federal because the solutions available depend on the classification of the loan. The greatest form of relief is available if you have federal student loans.
You may not know, or you may think you know, whether your student loan(s) are private or federal. For example, people often think that if Sallie Mae services their student loan, the loan is federal; however, this is NOT always the case; Sallie Mae services both federal and private loans.
STEP TWO: Written Analysis
After we have gathered your information and evaluated your student loan situation, we will provide you with a written analysis of all the different solutions available to you. The solution you are eligible for is based on a variety of factors such as monthly income, family size, the type of loan you have, and your profession.
These debt solutions include, but are not limited to:
- Lower monthly repayment plan
STEP THREE: Implementation
After we provide you with the written analysis, we will schedule a meeting to discuss all your options in more detail and answer any questions you may have. After you select the student loan solution that works best for you based on your needs, our firm will help you implement that solution!
At Jump Legal, we understand debt, how to eliminate it, and how to craft effective debt solutions when filing bankruptcy is not a client’s best option.
Because each student is different, each legal opinion we provide is tailored to your particular needs. We avoid the “one-size-fits-all” legal guidance delivered by many debt service businesses because we do not believe that “one-size-fits-all” guidance exists.
Our student loan lawyers counsel students on a number of real, legally-recognized student loan debt options to lower their payments. These options can include:
- Undue hardship arguments
- Income base contingent repayment options with debt forgiveness
Student loan forgiveness is possible with the programs available to consumers with federal student loans. The first and most common program is the Income Based Repayment (IBR) program, which allows consumers to pay a reduced monthly payment equal to 15% of their disposable income.
Our Columbus, Ohio, debt attorneys know that there is hope for students facing crushing student loan debt. For that reason, we encourage you to schedule a free initial consult; you will always speak with an attorney and all communications remain confidential.