Student loan debt should never hold you back.

You might need to hire an student loan lawyer to help, depending on your situation. Hiring a lawyer to help with your student loan debt doesn’t have to be scary. We’ve been negotiating and resolving student loans for over 20 years, so we understand what’s involved in the process. We want this to be a good experience for you and are here to help you achieve your goals.

We know the law, the creditors, the attorneys that handle the defaulted loans for student loans creditors, so we are in the best possible position to help you. Call us for a free consultation, and see the difference, (866) 890-7337.

The cost of hiring a student loan attorney varies depending on your situation, the lenders you’re working with, and the attorney themselves. We recommend working with an experienced student loan debt attorney who regularly practices in this area because, in the end, it’s going to save you time, money, and years of unnecessary stress.

When you work with Tayne Law, we treat you as an individual, and we’ll work with you to find the best possible solution to resolve your student loan debt. Our staff will work with your creditors directly, keep you informed, and navigate the legal jargon so you can focus on paying off your debt and planning for the future.

A defaulted loan means you could not pay back your debt in the way you initially agreed upon. Loans commonly default when payments are missed over an extended period. Your credit score will take a hit when this happens, and your student loans will likely be sent to debt collectors. This will show up in your credit report, and your score can drop even more.

Defaulting on student loans is something we help clients navigate regularly. When this happens, you want to try to stop the damage from getting worse. If you’ve defaulted on private student loans, now is the time to take action. Our team will partner with you and your creditor to help settle the debt, which can ultimately help your credit. You can learn more about student loan default in our blog or call us at (866) 890-7337.

Yes, we work with Navient and many other major student loan lenders.
In 2014, Sallie Mae branched off its Federal education loan servicing into a separate company, Navient. Many clients have come to us overwhelmed by their student loan debt with Navient, and we worked with Navient and their representatives to resolve those student loans.

Tayne Law is experienced in resolving student loans with Navient and can work with Navient’s attorneys and collectors to get you the best possible solution for your defaulted student loans. We will work with you to help not only put your mind at ease but make what seems to be an overwhelming situation more straightforward for you.

We know that the debt settlement process can be a stressful and intimidating experience if faced alone. We’re here to help you or a loved one navigate student loans with Navient, Sallie Mae, or any other private student loan creditor.

Creditors & Lenders We Work With

Under certain circumstances you certainly can and specifically if you have Federal loans we often suggest you contact the servicer directly to work through challenges. If your student loans are private, defaulted, with an attorney’s office or you’ve been sued, then we strongly suggest you contact us to discuss your matter. Don’t wait as waiting can make the problem worse. Find out solutions to your student loan debt today.

If you are considering negotiating debt yourself please consider:

• It’s hard to negotiate when you don’t know the law.
• Creditors will put you on tight deadlines and could feel threatening
• You could be sued
• Negotiations impact your credit score and ability to get credit
• We know how to resolve debt and have likely worked with your creditor many times before
• You want the matter resolved right the first time. By working with us you can avoid issues of debt reappearing later for not being properly disposed of.
• We have established relationships with the creditors and can likely provide more options than they’ll give someone negotiating for themselves
• Negotiating can take over your life, and who has time for that?

Dealing with student loan debt can feel impossible, and that’s why we are here. Feeling overwhelmed and alone is a common feeling when you have student loans. We know because we’ve had student loan debt too. If you’d like to learn more, schedule a free consultation.

Depending on the type of loans you have, here’s a quick summary of some potential ways you can get help with your student loan payments:

• Income-driven repayment options: Federal student loan borrowers can apply for an income-driven repayment plan, dropping your monthly payment to just 10% to 20% of your discretionary income. They also extend your term to 20 to 25 years, after which your remaining balance (if any) will be forgiven.
• Student loan forgiveness: The federal student loan program through the Department of Education offers a couple of loan forgiveness programs beyond the cancellation you can get with an income-driven repayment plan. You may qualify for Public Service Loan Forgiveness if you work for a government agency or eligible not-for-profit organization or a teacher in a school serving low-income students. You may also qualify for student loan cancellation if you’re permanently disabled.
• Student loan repayment assistance programs: If you have federal loans, you may qualify for one or more of these programs, often offered by states, military branches, and other government agencies. Some private employers also offer repayment assistance as an employee benefit, and it doesn’t matter if you have federal or private loans.
• Student loan refinancing: Student loan consolidation and refinancing with a private lender isn’t typically an option unless you have a strong credit history and relatively high income (or a cosigner with those attributes). If you qualify, you may get a lower interest rate and monthly payment than you have now.
• Debt settlement: If you’re struggling to the point where you’ve defaulted on your student loan debt, it is possible to resolve the situation through settlement. Tayne Law Group has experience working with student loan servicers to settle student loan debt for less than what our clients owe. To learn more, and see if your loans qualify for debt settlement, call us at (866) 890-7337.

With so many options available for student loan debt help, it’s important to carefully consider your situation to find the right one for you. Debt settlement does have pros and cons. It can lower your debt and allow you to be debt free sooner. It may do some damage to your credit, but how much depends on many factors. In your free consultation, we can talk about the risks, so you can weigh your options with confidence and clarity.

Debt settlement can also require a creditor to send a 1099c debt forgiveness. This is not always a problem; in many cases, there are ways to manage this, so it’s not impactful.

Also, considering refinancing your student loans from federal to private may not be a good idea. You could lose Federal protections under certain refinancing options. If you’re thinking about this, we’re happy to explain more.

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The ability to take out student loans for yourself or a student depends on when you need the loans and how much money you need to borrow. Reducing your debt as much as possible before applying for the loan will benefit you. This is especially true if you’re applying for private student loans that require good credit to qualify.

When working with us, we can discuss many different strategies for resolving student loan debt for you or your student and how to manage current student loan debt. It’s not uncommon to need to take student loans as part of your financial plans for higher education. With our experience and debt relief programs, we can work with you to help you better qualify for additional loans needed for an education.

In our student loan debt relief program, we negotiate with student loan creditors to lower the amount of money you owe. Here are some common creditors we work with:

• Navient
• Sallie Mae
• Nelnet
• SoFi
• Discover Student Loans
• National Collegiate Student Loans
• And many more!

Creditors & Lenders We Work With