Legal Question in Credit and Debt Law in Florida

in 1993 i receieved a student loan for 3000.oo when the program was over it closed for improper training some students sued they never contacted me about payments i contacted them they couldnt even find my student records recently i applied for a grant the loan popped up with 5000.00 interest on it .i am living financially below poverty leval 600.oo monthly with two dependent children and food stamps they tell me i still have to pay them 120.00 monthly and if i cant they willstop me from ever bieng eligible for help again what can i do in this situation i need proper training to work to make the money to pay them back


Asked on 1/21/10, 8:11 pm

1 Answer from Attorneys
Joseph Brien THE PEOPLE'S ADVOCATE

You may be entitled relief known as a Closed School discharge or False-Certification Discharge. In either case, you will have to make an application with the loan holder. If it is the Dept. of Education, they will provide you with the form. If it is a third party lender, they must provide you with their application form. However, in some circumstances the application is made orally. I suggest you contact your lender. Additionally, you may be entitled to a forebearance due to your hardship.

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Answered on 1/27/10, 10:54 am


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