For I know the thoughts that I think toward you, says the Lord, thoughts of peace and not of evil, to give you a future and a hope. - Jeremiah 29:11

We provide assistance which, depending upon your circumstances, may allow you to:

Obtain refunds of various payments you may have made on your loan as part of a consolidation or refinance.

Negotiate a waiver of late fees and other default charges as part of a consolidation or refinance.

Establish a re-payment plan that will enable you to resolve your default situation as part of a consolidation or refinance.

What are the consequences of defaulting on your student loans?

The lender can immediately demand repayment of the total loan amount due.

The lender will attempt to collect the debt and may charge collection costs.

The lender reports defaulted loans to national credit bureaus, damaging borrowers’ credit ratings and making it difficult for borrowers to make purchases such as cars or homes.

Borrowers with loans in default are ineligible for Title IV student aid and further student loans.

Borrowers with loans in default are ineligible for deferments.

The Internal Revenue Service can withhold borrowers’ federal income tax refunds.

Borrowers’ wages may be garnished.

What is a Student Loan Restructure?

Similar to loan refinancing and consolidation, lenders are often willing to reduce a borrower’s monthly payment using a number of different methods including reducing their interest rate, lengthening the term of the loan, allowing for interest only payments for a predetermined period, and delaying payment of past due amount to the end of the term of the loan.

In the case of a student loan, because it is a non-recourse loan, the lender may be more willing to negotiate because there is no collateral security to repossess.