Finding a student loan lawyer in Florida can be overwhelming. There are so many different lawyers to choose from, and it’s hard to know which one is right for you.
We can help you connect with licensed student loan lawyers who help people through Florida, whether you live in St Louis, Tampa, Jacksonville, Tallahassee, Orlando, Miami, or the Keys.
Get started today on resolving your debt.
Florida borrowers, on average, have 3% less in federal and private student debt ($35,496) than the national average borrower ($36,689).
The coronavirus pandemic has given some relief to people with student loans. Federal payments of certain loans are suspended until May 1, 2022. But 2.6 million people in Florida have more debt than others because they owe money on their student loans.
How a student loan lawyer in Florida can help you.
If you have difficulty paying your student loans, a student loan lawyer can assist. A student loan lawyer may be able to help if you have defaulted on one or owe them for a lengthy time.
Stop Student loan wage garnishment.
If you have student debt, your loan servicer may take a portion of your earnings to pay it down. It’s legal, but don’t let them take too much money from you because it will cost you more in the long run.
Keep your tax refund.
The IRS may take your tax refund to pay off a federal student loan if you owe money.
Negotiate a settlement with your lender
An agreement might be reached with the person you owe money to through attorneys specializing in student loans. As a result, the amount you will have to repay will be decreased.
File student loan bankruptcy
Filing for bankruptcy may be unpleasant, but it is sometimes feasible to cancel your student debts. This implies that the court would cancel your obligation to pay them and that you would no longer owe anything.
A Florida student loan lawyer can help you with any of these issues.
A student loan attorney in Florida may help you with your federal student loans.
You may have received a letter in the mail informing you that the federal government has taken legal action to seize your money owing to loans. They might send you a note telling you that your tax return will be held because of debt.
Don’t worry if any of these is your case. You’re not alone.
According to the Department of Education, total educational debt for Americans totals $1.71 trillion. There are 44.7 million people with student loans in the United States.
If you want to avoid defaulting on your student loans and having your earnings seized, a student loan lawyer may assist you. However, if you wish them to take action right away, you must do so immediately.
Student loan lawyers might help you with the following:
Select the right income-based repayment plan.
A student loan lawyer can assist you in determining whether or not you qualify for a plan and which one is ideal for you—several programs to select from, such as PAYE and REPAYE and ICR.
Lower monthly payments
Repayments for student loans are frequently lessened. If you can’t make the monthly payment, consider finding other ways to pay less money.
Consolidate student loans
Individuals who have to worry about one debt at a time might find consolidated student loans advantageous. The government provides direct consolidation loans for students and their parents. You may also save money by combining your student debts with a private lender.
Settle defaulted student loans
If you’ve been in default on your student loans for six months, you have another opportunity to get back on track. If you have a federal student loan in default, your lender may be willing to accept a lower sum than the total amount owing. You could qualify if you are unemployed or have money problems.
How can student loan lawyers assist with private student loan problems?
With private student loans, They can help:
- Negotiate settlements
- Negotiate lower monthly payments
- Remove default status
- Remove cosigners and
- Evaluate refinance and consolidation options.
Find a student loan lawyer in Florida.
Suppose you are one of the many Americans that has taken out student loans. You may find it challenging to work with the IRS or another government agency because you must complete many forms and jump through hoops. You may not be aware of all of your options. We can assist you in this process!
If you have student loan debt but aren’t paying it, the government will take a portion of your tax refund. You may contact our attorneys to see if we can help you. We’d want to assist you as much as possible.
They’ll help you figure out which repayment strategy is ideal for your defaulter’s student debts. Don’t lose any more money!