student loan attorney fort lauderdaleThe rising costs of a college education means more students than ever are forced to borrow money in order to complete their degrees. For some people, this can mean incurring thousands of additional dollars in debt through student loans, which creates a major financial hurdle that people must overcome early in their working careers. Unfortunately this obstacle can be too much to overcome if life takes a sudden turn for the worst or employment is difficult to obtain. When this is the case, you might struggle to make your student loan payments, which can place you in a difficult spot.

If you are struggling to pay your bills every month and your student loans are continuing to pile on, you should discuss your legal debt relief options with a Fort Lauderdale student loan lawyer today. Loan Lawyers understands how stressful overwhelming debt can be, and can work with you to develop a strategy to regain your financial independence and stop the harassment from debt collectors. We believe that the cost of an education shouldn’t ruin your financial future, and we do everything we can to use the existing laws and programs to protect you and help you find your way out. Our team can provide you with more than 100 years of combined experience and a proven track record of success in nearly all consumer financial law matters.

Get help with your student loan debt now! Call Loan Lawyers at (844) 344-4813 and request a free case evaluation to learn more about your options!


Unlike other types of debts, such as credit card debt, mortgages, or car loans, student loans cannot be absolved by declaring bankruptcy. Repaying your student loans can be a long and difficult process, but it’s important to remember that you are not stuck in your financial situation—options exist that allow you to modify or change your payment plan to become more manageable.

Some alternative repayment options for student loans include:

  • Income-based repayment (IBR): Also known as “pay as you earn” plans, these solutions allow you to repay your student loans with an amount that is based on the amount of money you take home through your employment. Ask your attorney about these plans if you are an FFEL or Direct Loan borrower.
  • Income contingent repayment: For Direct Loan borrowers, these plans base their monthly payments on both the outstanding loan amount and the borrower’s monthly income. Families living at or below the poverty line could get payments for as low as $0 per month.
  • Perkins repayment plans: Perkins loans are different from Direct or FFEL plans in that they have minimum monthly payments (most likely $40 per month). Talk to your attorney to learn more about these loans and repayment options.
  • Standard, graduated & extended repayment: These plans are chosen for you if you do not indicate a different payment plan when notified by the Department of Education.
    Standard plans generally require a common installment every month, graduated plans start with low payments and slowly increase as the loan nears completion), and extended plans are options available for those with significant debt of $30,000 or more. Ask your attorney about these options to learn more.
  • Private loan repayment: If you have accepted a student loan from a private creditor, odds are repayment plans are considered on a case-by-case basis. You’ll probably want to discuss your options with your attorney, as your creditor probably doesn’t make repayment options public and may be difficult to work with.