Jenna R. asked

⚖️  Law

I have a student loan debt that is more than 20 years old and has recently come to light. The debt collector is demanding 15% of my take-home pay for repayment, which I am willing to do but find unsustainable given my current financial situation. They are also asking for detailed financial records, which I may not have. Given my circumstances, do I have any recourse to negotiate more reasonable repayment terms with the debt collector?

January 8th, 2024

Amanda A. answered

Yes, you can negotiate the terms of your student loan debt repayment, and in some cases, you may be ...

January 8th, 2024

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