Student loan default

A man in a green striped shirt holds an open, default-empty wallet towards the camera with a neutral expression.

What to Do If Your Sallie Mae Student Loan is in Default

If you’ve missed numerous payments on your Sallie Mae loan and the loan is now in default, you’ll need to take steps to bring your overdue loan current. You can contact Sallie Mae directly by calling 1-866-913-6089 to discuss your repayment options and try to set up a more affordable payment plan. Sallie Mae offers […]

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A green highway sign reads "Bankruptcy Ahead, Next Exit" with an arrow pointing to the right.

Can Student Loans Be Discharged Through Bankruptcy?

Student Loans / Lynnette Khalfani-Cox, The Money Coach / credit bureaus, Student loan default

Q: I recently filed for bankruptcy and it was discharged in October. But on my credit report one of my student loans was listed as being discharged. Is that possible and can they still come after me for garnishment? A: Student loans are generally not dischargeable in bankruptcy court – regardless of whether they were federal

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All information on this blog is for educational purposes only. Lynnette Khalfani-Cox, The Money Coach, is not a certified financial planner, registered investment adviser, or attorney. If you need specialty financial, investment or legal advice, please consult the appropriate professional. Advertising Disclosure: This site may accept advertising, affiliate payments or other forms of compensation from companies mentioned in articles. This compensation may impact how and where products and companies appear on this site. AskTheMoneyCoach™ and Lynnette Khalfani-Cox, The Money Coach® are trademarks of TheMoneyCoach.net, LLC.

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Student loan default

What to Do If Your Sallie Mae Student Loan is in Default

Can Student Loans Be Discharged Through Bankruptcy?

Stay Connected

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