Tampa Student Loan and Bankruptcy Attorney Blog — January 27, 2023
All this talk about changes within the federal student loan system, I didn’t want to give the impression that nothing can be done with private student loans. Just today, we have a client who accepted an offer to save $165,000 on his private student loans! And this was not a lump sum settlement to be paid all at once. The terms are the reduced balance is to be paid out over 27 years at a very low interest rate of 1%. They payment is exceptionally low and finally affordable!
So while a full discharge or 100% forgiveness may not always be possible with a private loan, settlements are very realistic with the right facts. Contact us if you have a private student loan and need some help getting it resolved!
