Education Law

Education law questions? Ask an education lawyer

Ask a Lawyer,
Get an Answer ASAP!

I had a $40k when I graduated in 1992. I paid when I could…

Customer Question
I had a $40k when...
I had a $40k when I graduated in 1992. I paid when I could and took deferments and forbearance during the lean years. It turned into $60k. I got behind in 2011. I was in what I thought was a negotiation with Nelnet to get caught up when the sold my account to another group called Wyndam and they jacked my debt up to $120k. I had even sent a payment at the same time they were selling my loan. I paid $1000 per month Wyndam for 10 months. Then didn't hear from anyone about payments until it was sold again which increased my debt to $171k. I want to know what recourse I have with regards ***** ***** selling my loan while in negotiations.
Submitted: 2 years ago.Category: Education Law
Show More
Show Less
Ask Your Own Education Law Question
Answered in 7 hours by:
1/30/2016
Education lawyer: LegalKnowledge, Attorney replied 2 years ago
LegalKnowledge
LegalKnowledge, Attorney
Category: Education Law
Satisfied Customers: 32,782
Experience: 10+ years handling Legal, Real Estate, Criminal Law, Family Law, Traffic matters.
Verified

Good morning. What lead you to believe you negotiated this debt with them? Is there anything in writing? Have you asked for a breakdown of the debt, so you can see how it got so high? Also, how long ago did you pay them the $1000 for 10 months?

Ask Your Own Education Law Question
Customer reply replied 2 years ago
there are emails and I did get a breakdown from Nelnet.
Education lawyer: LegalKnowledge, Attorney replied 2 years ago

Thank you for the additional information. If there was an agreement made between you and Nelnet, then it would be binding and carry over, if the loan was bought by Wyndam. As long as you were paying on the amount owed, under the negotiated terms, they could not just void it and revert back to what you owed previously. You said you have emails in writing, to evidence and support the agreement and you also have a breakdown from Nelnet with payments, so any dispute about what is owed, can be compared to your payments, so you can dispute it. As long as you were paying, the payments should have been applied, so the new lender should have simply stepped into the shoes of the old one. If they are not saying you owe 171k, you need to find out how/why, when you have agreement saying something else.

Please let me know if you have any follow up questions or need any clarification on something which I stated above. Also, remember to rate my service at the top of this page, before exiting the site, so I can receive credit for my help. I hope you found it to be Excellent! Only rate my answer when you are 100% satisfied. If you feel the need to click either of the two lower ratings to the left, please stop and reply to me. I want to make sure your experience with the site was as pleasurable as possible and that you are satisfied with the help I provided.

Ask Your Own Education Law Question
Education lawyer: LegalKnowledge, Attorney replied 2 years ago

I just wanted to follow up and see if you had any other questions or needed me to clarify something. I am here to help, so please let me know. Thanks!

Ask Your Own Education Law Question
Was this answer helpful?

How JustAnswer works

step-image
Describe your issueThe assistant will guide you
step-image
Chat 1:1 with an education lawyerLicensed Experts are available 24/7
step-image
100% satisfaction guaranteeGet all the answers you need
Ask LegalKnowledge Your Own Question
LegalKnowledge
LegalKnowledge
LegalKnowledge, Attorney
Category: Education Law
Satisfied Customers: 32,782
32,782 Satisfied Customers
Experience: 10+ years handling Legal, Real Estate, Criminal Law, Family Law, Traffic matters.

LegalKnowledge is online now

A new question is answered every 9 seconds

How JustAnswer works:

  • Ask an ExpertExperts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional AnswerVia email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction GuaranteeRate the answer you receive.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

Mr. Kaplun clearly had an exceptional understanding of the issue and was able to explain it concisely. I would recommend JustAnswer to anyone. Great service that lives up to its promises!

Gary B.Edmond, OK

My Expert was fast and seemed to have the answer to my taser question at the tips of her fingers. Communication was excellent. I left feeling confident in her answer.

EricRedwood City, CA

I am very pleased with JustAnswer as a place to go for divorce or criminal law knowledge and insight.

MichaelWichita, KS

PaulMJD helped me with questions I had regarding an urgent legal matter. His answers were excellent.

Three H.Houston, TX

Anne was extremely helpful. Her information put me in the right direction for action that kept me legal, possible saving me a ton of money in the future. Thank you again, Anne!!

ElaineAtlanta, GA

It worked great. I had the facts and I presented them to my ex-landlord and she folded and returned my deposit. The 50 bucks I spent with you solved my problem.

TonyApopka, FL

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

< Previous | Next >

Meet the Experts:

rayanswers

rayanswers

Attorney

232 satisfied customers

Texas lawyer for 30 years representing children and parents.

Ely

Ely

Attorney

222 satisfied customers

Attorney in general practice,

LawTalk

LawTalk

Attorney

129 satisfied customers

I am an attorney with more than 3 decades of experience in a wide variety of legal areas, including Educational Law.

Dimitry K., Esq.

Dimitry K., Esq.

Attorney

85 satisfied customers

Experienced Education Law Attorney

DCrane Esq

DCrane Esq

Attorney

79 satisfied customers

Experience in this category is derived from assisting clients with bullying disputes and IEPs.

Meigs

Meigs

Attorney

27 satisfied customers

I am well equipped to handle any legal matter that you might have regarding Education Law.

Infolawyer

Infolawyer

Partner

20 satisfied customers

Experienced lawyer

< Previous | Next >

Related Education Law Questions
My husband co-signed his daughters student loan she refuses
My husband co-signed his daughters student loan she refuses to pay it. I was injured and can no longer work so we r down to one income and are finding it harder to pay her loan. She has blocked us fro… read more
DanLegal
DanLegal
Law Partner
Juris Doctor
641 satisfied customers
I have a loan through Sallie Mae/Navient that I took out in
Hello. I have a loan through Sallie Mae/Navient that I took out in 2006. I believe that Navient is using illegal servicing practices. My original loan amount of $32,786. I have paid over $27,000 and s… read more
TJ, Esq.
TJ, Esq.
Juris Doctor (JD)
11,459 satisfied customers
I paid over 19.000 on a 12,000 student loan for my daughter
I paid over 19.000 on a 12,000 student loan for my daughter over 13 years and because I was raising my other 2 children alone, charges kept going up on that loan due to them offering approved delays s… read more
N.Brown ESQ
N.Brown ESQ
Juris Doctorate
182 satisfied customers
My daughter had a student loan - actually two of them - my
My daughter had a student loan - actually two of them - for which my husband and I cosigned. A year or so ago she was unemployed and they could not make the payments. They did not let us know they wer… read more
Alex Esquire
Alex Esquire
Managing Attorney
Doctoral Degree
153 satisfied customers
I am 53 years old, I widowed about three years ago and I
Hi my name is***** and I am 53 years old, I widowed about three years ago and I have two teenager girls. I have been in forbearance and deferment most of my loans year because I went back to school wh… read more
LegalGems
LegalGems
Juris Doctorate
12,707 satisfied customers
My wife had a student loan 25 years ago for $39K. she has
my wife had a student loan 25 years ago for $39K. she has paid off and on again when she could, more off than on. now loan is $85K, and if she pays it off in 10 years she will have paid $120K. current… read more
Ely
Ely
Attorney
Juris Doctor
222 satisfied customers
. I am the father if a young lady who has recently worked
. I am the father if a young lady who has recently worked very hard to earn her a master's degree in urban planning. I worked closely with her to help her land her first job last August. The job is wi… read more
Alex Esquire
Alex Esquire
Managing Attorney
Doctoral Degree
153 satisfied customers
Hello, I am suffering from EXCESSIVE student loans. Partially
Hello, I am suffering from EXCESSIVE student loans. Partially from my "lack of" thinking, was a single parent who was working, trying to go go school to better myself, and take care of my special need… read more
John
John
Attorney
Doctoral Degree
6,011 satisfied customers
I consolidated my student loans 4 months ago. Received a call
I consolidated my student loans 4 months ago. Received a call from SLFC stating that I had a private loan through them and I had two options and one was a settlement and the other was to start making … read more
Tina
Tina
Doctoral Degree
83 satisfied customers
My student loan debt is about 115,000. I have enrolled
My student loan debt is about 115,000. I have enrolled with my lender's (Nelnet) payment plan by which I can pay based on my income for a number of years if I also submit my yearly taxes to them. I un… read more
LawTalk
LawTalk
Attorney
Juris Doctor
129 satisfied customers
Have student loan serviced by salliemae, with current total
Have student loan serviced by salliemae, with current total of almost $173,000 so they say...consolidated several loans in 1996 at a then total of $59,430 at an interest rate of 9.0%. Since then, I to… read more
PaulmoJD
PaulmoJD
Attorney At Law
Doctoral Degree
106 satisfied customers
I have a student loan in default for 20 years and now a collection
I have a student loan in default for 20 years and now a collection agency has contacted me and the government takes money from my social security monthly. what can i do… read more
Meigs
Meigs
Attorney
Doctoral Degree
27 satisfied customers
Im looking for a lawyer knowledgeable about student loans.
I'm looking for a lawyer knowledgeable about student loans. I guaranteed my son's student loan which was written off and gone to collection. I've been told suit will shortly be filed against me. Since… read more
KUMI95
KUMI95
Attorney
Doctoral Degree
17 satisfied customers
A doctoral student friend of my daughters is being denied student
A doctoral student friend of my daughters is being denied student loans on the grounds that his existing student loans are in 'default' status. He has filed appropriate paperwork consistently to preve… read more
kattorney
kattorney
attorney
Doctoral Degree
209 satisfied customers
I completed a doctoral degree from the University of Phoenix
I completed a doctoral degree from the University of Phoenix in 2007. My original student loan, obtained through UoP, is with Nelnet in the amount of $55,667.38. I have been faithfully paying my loan … read more
DCrane Esq
DCrane Esq
Attorney
Doctoral Degree
79 satisfied customers
My son-in-law owes Sallie Mae approximately $75,000 in school
My son-in-law owes Sallie Mae approximately $75,000 in school loans that were accrued before marriage. Sallie Mae is now in the process of trying to collect. He is not working and refuses to work beca… read more
LegalPro54
LegalPro54
Doctoral Degree
1,258 satisfied customers
I have private student loans I am paying and my mother cosigned.
I have private student loans I am paying and my mother cosigned. I am paying $700 a month right now but my graduated repayment schedule is about to end and pull repayment is $994. I cannot afford that… read more
LegalPro54
LegalPro54
Doctoral Degree
1,258 satisfied customers
I have significant private student loan debt. I have been out
I have significant private student loan debt. I have been out of work and on long term disability and social security disability since February. I have 5 months left of forbearance. So, my concern is … read more
Meigs
Meigs
Attorney
Doctoral Degree
27 satisfied customers

DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

Show MoreShow Less

Ask Your Question

x