Legal Question in Credit and Debt Law in Tennessee

Re: student loan

UNIPAC sent you a letter saying your loan was paid in full in error. Therefore, it is possible that UNIPAC will send you a subsequent letter saying that they found their error. The letter you are holding provides justification in not making further payments on your student loan until the matter is clarified. However, once corrected or clarified, UNIPAC may try to charge you interest saying that you should have reasonably known you still had a defaulted student loan. An error by the loan administrator will not extinguish your debt obligation; however, it may buy you some time to try to earn enough income to repay the loan. If the loan administrator does not catch the error within six years, then arguably the statute of limitations will run on the breach of contract (failure to repay a loan as per contract) cause of action.