Student Loan Debt

Helping Clients Find Lasting Relief From Debt

Approximately 40 million Americans carry student loan debt, totaling an astounding $1.2 trillion. Alarmingly, more than seven million people are in default on their loans due to a difficult job market, rising costs of living, and rising tuition costs. Without making timely payments, interest rates on student loan debt can quickly cause the amount owed to become out of control.

If you are struggling to make payments on your student loan debts, now is the time to get in touch with a St. Petersburg debt relief attorney at Boss Law. We have more than a decade of experience helping St. Petersburg and Vero Beach residents take control of their debt and secure a fresh financial start for the future.

Boss Law offers complimentary initial case evaluations. To schedule yours, please call (727) 800-4498.

Handling Student Loan Debt

Unfortunately, student loan debt is typically not dischargeable by bankruptcy unless an individual can prove that the debt is an exceptional hardship. However, proving hardship can be difficult because it is so subjective.

Thankfully, there are other ways to combat student loan debt. Boss Law is available to talk with you about some of the following debt relief solutions:

  • Payment options with lenders. There are many repayment plans available from student loan lenders which can either extend the life of your loan or structure payments based on your income.
  • Chapter 13 bankruptcy. Chapter 13 bankruptcy sets up a repayment plan with manageable monthly payments over a period of three to five years, depending on your situation.
  • Public service loan forgiveness. Under this government program, you may be able to have the remaining balance on your student loan forgiven after you have made 120 qualifying monthly payments under a qualifying repayment plan while working full-time for a qualifying employer.

Recognized by Super Lawyers® and featured on Fox News, Bay News 9, and other news outlets, Boss Law is Central Florida’s trusted source of debt relief solutions. Whatever your situation, know that there is hope for financial freedom! The sooner you call, the sooner we can help you regain your financial health.

Contact us today to learn more about how we can help.