Chicago Student Loan Debt Attorneys
Defending the Rights of Consumers in Illinois
In the United States, student loan debt has tripled over the last decade and now exceeds $1.5 trillion. This is more than both auto debt and credit card debt. According to data, more than 1 million student loan borrowers go into default each year. It is expected that nearly 40% of borrowers will default on their student loans by 2023.
At[TG1] Edelman Combs Latturner & Goodwin LLC, we are committed to assisting clients with their student loan issues, and we will use our extensive resources and experience to protect your rights.
Call (312) 626-3585 for a free consultation with a student loan attorney near you. Se Habla Español.
How Our Student Loan Disputes Attorneys Can Help
At Edelman Combs Latturner & Goodwin LLC, our firm can assist with all types of student loan issues involving:
- Private Student Loans
- Servicing Errors on Federal Loans
Our Chicago student loan lawyer can help you in the following ways:
- They can protect you from unfair or abusive conduct by debt collectors and other agencies.
- They can assist when credit reporting errors are made.
Federal Student Loans Lawsuits
If you are having issues with errors related to federal student loans you have taken out, our legal team can review your case and help you reach a fair resolution. Under the William D. Ford Direct Student Loan Program, the federal government started making “Direct Loans” directly to borrowers. Although these loans are funded by the Federal Government, they are serviced by private companies that have contracts with the Department of Education.
If you are being harassed or your account is being mishandled by loan servicers, consult with our legal team to find out how we can protect your interest. Servicers have an incentive to delay repayment of loans because the longer it takes for borrowers to pay off their loan, the more income is received by the loan’s servicer. Loan servicers receive a monthly fee from the Department of Education for each loan they service. Delaying repayment or discharging loans increases the servicer’s fee income.
Speak to a Chicago Student Loan Attorney Today
Our legal team will review the details of your case and build a strong legal strategy that will ensure your rights and interests are fully protected. We have provided countless clients with skilled legal representation, and our student debt lawyers are here to guide you through every aspect of your case.