When you started college, you were full of hope for graduating and finding a great job. You worked hard to keep your grades up, taking out student loans to help you better prepare for your future. If you’re like many college grads, though, the future you thought would be bright is instead full of economic uncertainty and few jobs. You may not have intended to fall behind on your student loan payments, but you now find yourself facing default and possibly bankruptcy. Let our Sterling Heights, MI student loan default lawyer help you address the serious consequences of loan default, preserving your credit and financial well-being. Call Gudeman & Associates, P.C. today for a consultation.
Student Loan Default Lawyer Sterling Heights, MI
If you’re dodging phone calls from your student loan service, living paycheck to paycheck to afford your payments, or even contemplating bankruptcy to get out from under the crushing debt, you’re in the right place, right now. Our firm helps people like you who took out student loans in good faith, only to realize that the job market was tighter than they were led to believe. We can help you avoid the serious consequences to your credit and finances that defaulting on your student loans would cause, and help you get a resolution that helps you have a brighter financial future.
We negotiate with your lenders and servicing company on your behalf to get lower monthly payments, lower interest rates, and forgiveness of accumulated interest or even some of the principal. Default puts a serious mark on your credit, which can affect your ability to buy a house, get a car loan, or even find a job. Let our Sterling Heights student loan default lawyer help you.
If your loan is in default and you’re facing collection actions, you may be subject to wage garnishment, bank levies, and other penalties you can’t afford. We can negotiate a resolution to this to help you avoid legal complications. And, if bankruptcy is your only practical option, we can assist with the difficult process of discharging student loan debt in bankruptcy by establishing that you are facing “undue hardship.”
Some issues may be much simpler to resolve. If there were payment application issues or incorrect balances, we can help resolve these and get you back on track. Or, if you have become disabled since you took out the loans, and your employability and earning potential are now reduced, we can guide you through programs like disability discharge or PSLF and seek forgiveness of the balance of the loans.
Why Our Experience Matters When Your Student Loan is in Default
Our Sterling Heights student loan default lawyers are experienced negotiators, often able to get a better repayment plan from your lenders than you could alone. We work on your behalf to have interest rates lowered or other options so you can get back on your feet and maintain your credit.
- A+ Better Business Bureau rating reflecting our dedication to the highest ethical standards
- Founder and managing partner Edward J. Gudeman offers direct, hands-on involvement with every client
- Mr. Gudeman’s experience in Arthur Andersen’s tax department provides advanced knowledge of complex tax issues
- Senior attorney Brian Rookard contributes to the legal profession through regular lectures and speaking engagements
- Our team’s commitment to ethics and professionalism delivers reliable, results-focused legal representation
Are you worried about student loan default and need to know your legal options? Call Gudeman & Associates, P.C. today for a consultation.
