Here are some facts about private student loan lawsuits:
- Private student loans are different from federal student loans: Private student loans are issued by banks, credit unions, and other lending institutions and are not backed by the government. This makes them riskier and less forgiving than federal student loans. However, The Fullman Firm has established itself as a top-rated debt relief law against the largest private student loan lenders in the industry.
- Defaulting on a private student loan can result in a lawsuit: If you default on a private student loan, the lender or debt collector may file a lawsuit against you to recover the debt. This can result in a judgment, wage garnishment, or seizure of assets.
- Private student loan lawsuits are becoming more common: Private student loan debt has reached record levels, and as a result, private student loan lawsuits are becoming more common. Many people are unable to repay their loans and are facing legal action from their lenders.
- Statutes of limitations apply: Each state has its own statute of limitations for debt collection, which can impact the length of time a lender or debt collector has to file a lawsuit against you. Our experienced attorneys at The Fullman Firm will evaluate your defenses carefully.
- Settlements may be options: If you are facing a private student loan lawsuit, there may be options for negotiating a settlement to make payments more manageable.
- Legal representation can be helpful: Working with an experienced attorney can be helpful in navigating the complexities of a private student loan lawsuit and finding a resolution that is in your best interest.
How Fullman Firm Can Help With Student Loan Lawsuits
At Fullman Firm, we understand the challenges and complexities of private student loan lawsuits. Our experienced attorneys have helped many individuals navigate this difficult process and find a resolution that is in their best interest. We offer a range of services to help our clients, including negotiating settlements, fighting judgments, and protecting their rights.
Negotiating Settlements
One of the ways we have helped our clients is by negotiating a settlement with the lender or debt collector. Our attorneys have a deep understanding of the laws and regulations surrounding student loan debt and use this knowledge to negotiate a settlement that is manageable for our clients. This can result in a reduced debt amount, a more favorable payment plan, or a freeze on interest and fees.
Fighting Judgments
It is commonly misunderstood that having a Judgment is “game over.” The Fullman Firm has successfully fought thousands of judgments. If the lender or debt collector has obtained a judgment, our attorneys will work to have it overturned or reduced. We understand the legal process and have a proven track record of success in fighting judgments in court.
Affordable Payment Plans
We understand that student loan debt can be overwhelming, and we want to help our clients find a solution that works for them. Our payment plans are flexible and tailored to meet the unique needs of each individual.
Book a Free Consultation
We encourage you to book a free consultation with our team if you are facing a private student loan lawsuit. Our attorneys will evaluate your case and discuss your options with you. We believe that everyone deserves access to legal representation, and our affordable payment plans ensure that you can get the help you need without breaking the bank.
