Overwhelmed With Student Loan Debt? Explore Your Options.
Many students need assistance paying for college – more than what savings and part-time jobs can cover. Federal student loans are the first choice of many, as they are easy to get, don’t require credit history nor a co-signer.
Up to 70 percent of college students graduate with some debt, according to the Urban Institute.
But life happens. Not every college graduate gets the “dream job” right away. And plans of paying back tens or hundreds of thousands of dollars in student loans may seem impossible.
Luckily, there are non-bankruptcy options available to help those struggling with student loan debt.
At Reed Law Firm, P.A., we help people struggling with all types of debt. In the case of federal student loan debt, bankruptcy may or may not eliminate the debt.
However, there are non-bankruptcy options to deal with student loan debt.
Exploring Student Loan Management Programs
We can help you explore one of many Student Loan Management programs to determine which is right for you. We will look at your financial situation, income, goals, and other factors in making this determination.
The options offer different benefits which may include:
- Loan forgiveness
- Loan restructuring
- Debt consolidation
- Affordable repayments
- Default resolution
Get Started Today
We offer a free consultation, and there is no obligation to hire us after our first meeting. We want to help you make smart decisions based on your individual circumstances.