Private Student Loans
Private Student Loan Settlement
Are you being harassed by debt collectors or are you being sued because
you have defaulted on your private student loan debt?
Private student loan debt is not backed by the federal government, once
you default on your payments, the private lender will often send you to
a collection agency and then can decide to potentially sue you and your
co-signers for the balance of the loan, plus interest and attorney's fees.
Lebedin Kofman LLP is at the forefront of private student loanf settlement
and lawsuit defense.
If you are being hounded by private student loan collectors at home and
at work we can help! Our defense and settlement options for defaulted
private student loans can save you thousands of dollars and get you out
of default. Call us and we will show you how we can get you a settlement
on the balance of your defaulted loan and place you on a payment plan.
Though every case is different, we have achieved settlements between 30-80%
off of the balance due for our clients and are often able to negotiate
interest free payment plans.
If you or your co-signer has been served with a summons and complaint for
your defaulted private student loans you must act quickly!
Private Student Loan Lawsuits
A majority of people being sued put their heads in the sand and don't
respond to these lawsuits while many others are not properly served with
process if at all. If you don't act, a default judgment may be entered
against you. This means the creditor wins just because you did not respond.
A default judgment is public record and can be placed on your credit report.
In New York, the judgment can stay active for 20 years and can be renewed
for another 20 years, all the while gaining interest at 9% per year. Default
judgments may also lead to your wages being garnished; and your bank account
can be frozen for up to double of what you owe on the debt. A lien may
even be placed on your or your co-signor's property because of the judgment.
Lebedin Kofman LLP helps individuals being sued on their private student
loans every day. We understand the stress and aggravation that come along
with suddenly being sued.
If you are personally served with process, you have 20 days to respond
before the Plaintiff can move for default. If you were not personally
served, you have 30 days to respond. That means you must act quickly!
Call us for a free consultation today!
We will defend you in the lawsuit and negotiate on your behalf to minimize
any amounts you may end up owing. We have helped individuals being sued by
Forster & Garbus,
Rubin & Rothman,
Mullooly Jeffrey, Rooney & Flynn,
Zwicker and Associates, and many others who sue individuals on behalf of private student loans owned by
Sallie Mae Student Loan Trust, National Collegiate Trust / NCT, Citibank, Chase,
Discover, Wells Fargo,
Key Bank, AES/ ACS, and many other lenders.
Please see our
case results for results we have obtained for individuals in these cases.
Don't think you can afford an attorney?
We usually charge flat retainer fees that do not charge by the hour; we
offer extended payment plans; and we accept all major credit cards.
Call us today at 212-500-3273 or
contact us online for a free consultation!