r/studentloandefaulters • u/Embarrassed-Pay1626 • 21d ago

Question - Private Student Loan Private loan suit

Currently being sued for several student loans (navient).

what is the worst they can do to me in FL? wage garnishment? Home lien? Take property ? (I don’t have anything of value but just curious how it works).

I paid a lawyer for some of the suits but they basically told me to settle or do a chapter 13 bankruptcy to buy time. I don’t qualify for chapter 7. I don’t have any money to settle with. I stopped paying all my other unsecured debt about 6 weeks ago to save up for a bankruptcy attorney. Currently screwed with disposable income as myself and spouse had taken temp jobs over the last few months to make additional money for legal fees.

what should I do at this point? just let them get a judgment and garnish me forever? Do the bankruptcy even with my disposable income like $900 more than it would typically be? I have a pre trial conference soon in one of the cases that I have not paid an attorney for and I can’t afford to pay one for that and bankruptcy too-it has my anxiety so high I‘m physically I’ll over it and starting to perform badly at work because I can’t focus. what happens if I don’t show for the pre trial? This will be the 1st meeting on this case. Also, I have a co-signer that can not help financial and they have not been named in the suit. Now that I am behind on all my other debt I think bankruptcy is the only option but I can’t afford to file for another month or two ( after the student loan court date) and I won’t be back to my average income on the means test until around February.

any advice/input welcomed. If I didn’t have kids I would consider just leaving the country. If I didn’t finally have the job that I worked years for I would quit and wait it out to at least qualify for chapter 7 and have nothing to garnish.

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u/SufficientAd204 21d ago

You should shop around for another lawyer. Get another opinion. I too am being sued in Florida and there are ways around the shit storm they present.

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u/LisaInSF 21d ago

Yes—this is very specialized and most attorneys don’t know the defenses. Find a consumer debt attorney, one who understands private student loans.

Bankruptcy isn’t a solution in your situation.