So, I have over 100k in student loans. Some are private, most are federal. I havent taken a hard look at the federal loans but I did take a hard look at my private loans since i had a cosigner. I originally borrowed $18,500. I've paid them over the last 7 years (minimum payments) and now my balance is about 39k. Im on an income based repayment plan for fed loans and my payment is $0. Ive been applying for jobs with no luck so far. I work to pay my student loans while putting food for my family on a credit card. I have $111 in my bank account. At this rate, I feel like I'll never get ahead. Do I qualify for this or am I too young at 35? I try to sell stuff and have two jobs but I cant get ahead of this debt.
35 is a bit young yes, but if you have been in loan repayment including forbearances for over 10 years you may still qualify. The 10 yr mark appears to be important. If you are in Florida, please reach out to us.
Private loans - if they do NOT appear on studentaid.gov, don't receive the benefit of any of these federal programs. They are subject to possible discharge in bankruptcy though, and good settlements can be reached - if settled/paid before 12/31/25 the forgiveness is also tax free. I recommend you speak with a student loan attorney about your options. If you are in Florida, we can assist - 813-258-2808. You'd need to reach out to a student loan atty in your state if you don't live in Florida though. A good place to start would be a student loan workshop graduate list on our resources page -- click your state for attys contact info in your state. www.christiearkovich.com/resources.html
Hi, Christie, this news is interesting. I am currently in yr 4 out of 5 for ch. 13. I filed in AL however now I reside in GA. My attorney has not reached to say that is possible to discharge student loans in bankruptcy. All my loans were with FedLoans, then transferred and now are being serviced by a new provider for the government. Will you please advise on whether or not this option is possible for me and next steps to take if any. Thank you.
Yes, since you are in a pending case, you can still file an adversary action to discharge your federal student loans in that Chapter 13. If your attorney doesn't want to do this (many are not up on this area of law), you can reach out to us to determine if this would be possible. Our office phone is (813) 258-2808.
Not sure how to respond here. Can you set a strategy session with us? We do have some suggestions for those with Parent Plus loans and would need to know more to suggest a plan for you etc. We can be reached at 813-258-2808 or info@christiearkovich.com.
@@ArkovichLaw If you don't consolidate your loans but leave them as is, could you avoid filing a new chpt 7 bankruptcy by arguing that the loans should now be reviewed in light of the new DOJ process to discharge?
I'm homeless and been trying to work . I have only been paying 40 a month for four years. I have children. I can't pay my loans. Do you have attorneys in Los Angeles or Orange county
I responded to a comment you made on the "House Rich, Cash Poor" video about this. We cannot file bankruptcy for you, but we may be able to help in other ways.
If you file chp 7 while in school and have federal loans active. Will they stop you from getting your loans disbursed while in school. They put my loan in forbearance because i file chp 7
Grad loans are credit based and may be impacted. Undergrad loans should remain unaffected. We don't deal with the getting of loans so my knowledge isn't strong there, we deal with trying to deal with and get rid of the debt afterwards. A financial aid office would know what you would be eligible for.
I wish the views on this channel were much higher. Christie is both thorough and concise. It’s the best channel on TH-cam regarding student loans.
Thank you so much! Any advice on getting more views? I'm trying b/c I know how unnecessarily complicated student loans are.
I needed this video. Gives me some hope
Yay!
I was told by my attorney that it's still not possible to get student loan discharged, unless you are truly not able to pay them back.
Can't say, all depends on your Court, ED and your local AUSA and how many factors you fulfill on the attestation form if federal loans.
Exactly! Don't know y they keep making it seem like it is. U have to be destitute or very close to it.
My lawyer told me the same. I’m in central California.
@@charlenerevell7543are you a child? Why don’t you use full words? 🤦♂️
Can you recommend an attourney around Akron, Ohio please 🙏
Here is a map - select Ohio. There are a few. thestudentloanlawyer.com/workshop-graduates/
My boy Cyraxx lives in Akron, Ohio! He’s a music artist and genius!
So, I have over 100k in student loans. Some are private, most are federal. I havent taken a hard look at the federal loans but I did take a hard look at my private loans since i had a cosigner. I originally borrowed $18,500. I've paid them over the last 7 years (minimum payments) and now my balance is about 39k. Im on an income based repayment plan for fed loans and my payment is $0. Ive been applying for jobs with no luck so far. I work to pay my student loans while putting food for my family on a credit card. I have $111 in my bank account. At this rate, I feel like I'll never get ahead. Do I qualify for this or am I too young at 35?
I try to sell stuff and have two jobs but I cant get ahead of this debt.
35 is a bit young yes, but if you have been in loan repayment including forbearances for over 10 years you may still qualify. The 10 yr mark appears to be important. If you are in Florida, please reach out to us.
Do you recommend anyone in Texas?
What about private loans tho.
I dont understand how private loans leave you out of luck for ANY action.
My balance has trippled and idk what to do.
Private loans - if they do NOT appear on studentaid.gov, don't receive the benefit of any of these federal programs. They are subject to possible discharge in bankruptcy though, and good settlements can be reached - if settled/paid before 12/31/25 the forgiveness is also tax free. I recommend you speak with a student loan attorney about your options. If you are in Florida, we can assist - 813-258-2808. You'd need to reach out to a student loan atty in your state if you don't live in Florida though. A good place to start would be a student loan workshop graduate list on our resources page -- click your state for attys contact info in your state. www.christiearkovich.com/resources.html
@@ArkovichLaw im not in Florida but i will look for a consultation with an attorney thank you!
Hi, Christie, this news is interesting. I am currently in yr 4 out of 5 for ch. 13. I filed in AL however now I reside in GA. My attorney has not reached to say that is possible to discharge student loans in bankruptcy. All my loans were with FedLoans, then transferred and now are being serviced by a new provider for the government. Will you please advise on whether or not this option is possible for me and next steps to take if any. Thank you.
Yes, since you are in a pending case, you can still file an adversary action to discharge your federal student loans in that Chapter 13. If your attorney doesn't want to do this (many are not up on this area of law), you can reach out to us to determine if this would be possible. Our office phone is (813) 258-2808.
What about Parent Plus ?
Thanks!
Not sure how to respond here. Can you set a strategy session with us? We do have some suggestions for those with Parent Plus loans and would need to know more to suggest a plan for you etc. We can be reached at 813-258-2808 or info@christiearkovich.com.
Can you recommend an attorney around southrtnn California Riverside Orange county
Is this still an option if I filed chapter 7 in 2019?
You'd have to file a new bankruptcy -- only cases pending as of November 2022 or after will qualify for the new DOJ process to discharge.
@@ArkovichLaw If you don't consolidate your loans but leave them as is, could you avoid filing a new chpt 7 bankruptcy by arguing that the loans should now be reviewed in light of the new DOJ process to discharge?
Can you recommend a lawyer in San Diego, CA?
I'm homeless and been trying to work . I have only been paying 40 a month for four years. I have children. I can't pay my loans. Do you have attorneys in Los Angeles or Orange county
What? in canada?
I’m in the US, Florida. No idea what’s going on in Canada.
Hi! My name is Ricky , can you recommend an attorney in Arizona
Click on your state on this map to locate a student loan attorney: thestudentloanlawyer.com/workshop-graduates/
I’m from Massachusetts… can I have a consultation with you ?
I responded to a comment you made on the "House Rich, Cash Poor" video about this. We cannot file bankruptcy for you, but we may be able to help in other ways.
If you file chp 7 while in school and have federal loans active. Will they stop you from getting your loans disbursed while in school. They put my loan in forbearance because i file chp 7
Grad loans are credit based and may be impacted. Undergrad loans should remain unaffected. We don't deal with the getting of loans so my knowledge isn't strong there, we deal with trying to deal with and get rid of the debt afterwards. A financial aid office would know what you would be eligible for.
How do I contact you ?
info@christiearkovich.com or call our office at 813-258-2808. Happy to help!
Please get a hold of me I am in Tennessee as well.
For Tennessee, I'd recommend Bruce Ralston.
Will the laws change if Trump gets elected?