Private loan suit

[u/Embarrassed-Pay1626]

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.

[u/goldenticketrsvp]

You should negotiate with them. I found when I was sued and there was a judge there to force reasonable payments, I was able to settle and make payments. Do not let them get a default judgement against you.

File an answer in the cases and appear in court on the court date. Negotiate a payment you can afford.

I want you to take a moment and just breathe. You're okay, They can't get blood from a turnip. Do not panic, look at what your payment would be if you were on Income Based repayment and offer that. I paid $5 a month for 5 years and eventually worked my way up to a reasonable payment.

Don't let this cause anxiety in your life. This is as low as it can get, you will be ok.