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OAITW r.2.0

(28,361 posts)
Mon Oct 2, 2023, 06:58 PM Oct 2023

So I got a major financial kick-in-the-ass today.....

Seems that I owe $63K for loans that I thought were forgiven, probably 50% interest at this point from 2011. Maine hasn't garnished past rebates till now. $3150 this cycle.

I'm thinking of settling, total principle now. 2nd option is using SS to pay this down over 2-1/2 years. Oh well. I like working....

8 replies = new reply since forum marked as read
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So I got a major financial kick-in-the-ass today..... (Original Post) OAITW r.2.0 Oct 2023 OP
Well, THAT sucks! You have a good attitude about it, anyway. vanlassie Oct 2023 #1
Happy to be alive! OAITW r.2.0 Oct 2023 #7
Option? TomDaisy Oct 2023 #2
Considering the level of ethics.... Think. Again. Oct 2023 #3
Thank you for posting that Nictuku Oct 2023 #4
I hope it is successful. Sophisticated lenders have taken advantage of too many student borrowers TomDaisy Oct 2023 #5
Even paying a lawyer seems worth it. Frasier Balzov Oct 2023 #6
Yep Effete Snob Oct 2023 #8
 

TomDaisy

(2,120 posts)
2. Option?
Mon Oct 2, 2023, 07:02 PM
Oct 2023



Re-upping this for no particular reason. The easiest lawsuit I ever filed and any one can do it.

In my experience, none of these student loan servicers / loan sharks kept proper chain of title. You challenge their ownership, they decline to respond, you get a default judgment.


-----

Some of us satisfied our student loans the old fashioned way.

Suing the bullshit shell companies that bought up the debt without keeping proper chain of title.

Nictuku

(3,863 posts)
4. Thank you for posting that
Mon Oct 2, 2023, 07:15 PM
Oct 2023

.... was looking for something like that to help advise a friend the other day.

 

TomDaisy

(2,120 posts)
5. I hope it is successful. Sophisticated lenders have taken advantage of too many student borrowers
Mon Oct 2, 2023, 07:20 PM
Oct 2023
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