Protecting the Rights of Consumers For Over 25 Years

Student Loan Debt Attorneys

Defending the Rights of Consumers in Chicago

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.

If you are struggling to keep up with your student loan payments, you should speak to our lawyers to find out how we can help you get relief from your debts. At 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 to schedule your free consultation with our legal team today.

Federal Student Loan Issues

If you are having issues with 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 neglected 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.

Navient, the second largest student loan servicer in the country, is currently being sued for failing to offer income based repayment plans to eligible borrowers, ultimately adding $4 billion in interest to borrowers’ loans through use of forbearance for people who qualify for income based repayment plans.

Contact us today if you think your servicer delayed your enrollment in an income based repayment plan or cancelled a timely renewal of your income based repayment plan.

Speak to a Student Loan Attorney Today

We are here to assist with all of your student loan issues, including:

  • Private Student Loans
  • Closed School Discharges
  • Loan Consolidation
  • Federal Perkins Loan Program
  • Loan Rehabilitation

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 we are here to guide you through every aspect of your case.

Call (312) 626-3585 to set up your free consultation with a Chicago student loan lawyer.

Schedule Your Free Consultation

Se Habla Español
    • Please enter your name.
    • This isn't a valid phone number.
    • Please enter your email address.
      This isn't a valid email address.
    • Please make a selection.
    • Please enter a message.