Consolidating private student loans chase
One thing I’m not entirely sure of yet is how Hillary Clinton and Donald Trump aim to tackle outstanding student loan debt, but you can bet your last buck that I’ll update this page as soon as they release their full plan details.In the meantime, if you’re having trouble making your student loan payments, considering calling the Student Loan Specialists at 888-203-4614 to find out if you qualify for any student loan forgiveness benefits, or for a consolidation program that could help you reduce the amount you have to pay each month. It’s a bit complicated, but not so difficult that you can’t figure it out with a little bit of research.Winning a private student loan discharge does require going to court, and it will likely require the services of a lawyer, but it’s certainly possible to fight, and win, especially if you’re well prepared.During the bankruptcy process, you’ll need to issue a formal complaint arguing that your student loan debt is placing an “undue hardship” on your life, preventing you from being able to provide basic life needs for yourself and/or your dependents.You may still have other options, including applying for payment reductions and total student loan forgiveness benefits under other programs.For details on how to lower your monthly payments and apply to forgiveness benefits, read through my site, or contact the Private Student Loan Relief Helpline at 1-866-530-9946..Is it possible to get rid of your student loan debt by filing for bankruptcy? In fact, in 2016, it’s become easier than ever before to wipe out your debt with a Chapter 7 or Chapter 13 bankruptcy proceeding, as long as you can prove that your student loan debt are causing an “undue hardship” on you.
Fortunately, there are still signs that things are headed the right direction, and I remain confident that we’ll see significant progress in 2016, or at least in 2017/2018, especially considering the fact that this is a presidential election year, and that millenials are one of the largest voting blocs in the mix.Chapter 13), explaining what an “undue hardship” test entails, and offering advice on how to figure out if you have a real chance at getting approval.If it ends up looking like getting a discharge is a long shot for you, don’t despair!It’s tough to receive an undue hardship discharge for certain types of private students loans, but it’s exceptionally easy for others!Many people think that filing bankruptcy on private student loans is no longer possible, but that’s simply not the case.