Student loans becoming too burdensome? You might want to lawyer up! A student loan lawyer can review your debt and determine your eligibility for loan forgiveness programs, help lower your monthly payments, negotiate a settlement, and assess your chances of proving undue hardship in bankruptcy.
A student debt lawyer is an attorney with significant experience working with federal and private student loans. They are experts in the solutions that are available if you’re struggling to manage your student debt. These might include income-driven repayment, deferment, forbearance, loan forgiveness, bankruptcy, settlement, and so on. They also may be able to defend you in court if you’re being sued for student loan debt.
You may not need to hire a lawyer to help you with your student loans — you can work with your loan servicer or a debt relief company. Remember that your loan servicer will work in their own best interest, and debt relief companies are designed to profit from your misfortune — and often have predatory practices in the way they do this. There are unique advantages that an attorney brings to the table. After all, they are trained professionals with a duty to provide honest, accurate legal advice, which may be precisely what you need.
Ahead, learn more about what you can gain if you hire a lawyer to help with your student loans and find a list of the seven best attorneys who specialize in student debt.
Related: Attorney for Student Loan Forgiveness