We Are Here For You In Appleton 920-659-5606

We Are Here For You In Appleton 920-659-5606

Due to precautions related to COVID-19, we have expanded our options for remote consultations. Please contact our office to discuss whether a full phone consultation or video conference is appropriate for your situation.

Do Not Be Overwhelmed By Your Debts

Student Loan Repayment Options

Unfortunately, the federal government – which so generously supported your desire to earn a college degree through its student loan programs – is serious about you paying that money back now that you’ve graduated. So serious, in fact, that the government made student loans extremely difficult to discharge in bankruptcy.

Regardless of this difficulty, there are several repayment options available. Some are based upon the balance of the student loan while others are based on your income. Contact us at 920-659-5606 and student loan attorney Timothy J. Helbing can discuss what payment options are available to you.

Even if you were arbitrarily placed in an unaffordable repayment plan when you first began repaying your student loans, you are not bound to that plan. You can change your repayment plan at any time. Some of the available plans are based upon your student loan balance and can be repaid over a period of 10 to 30 years. Other plans are based on your current income and your payment is based on a percentage of your discretionary income. Some of the plans even allow for forgiveness of the remaining balance after a certain number of payments. The only catch is that these plans have to be recertified every year.

Every student loan borrower is different. As a result, several repayment plans have been created to suit the borrower’s individual circumstances. Act now and contact student loan attorney Timothy J. Helbing to discuss with repayment option and student loan forgiveness option is best for you.