For many young adults, going to college is a long-awaited goal. Once you’ve thrown your tasseled cap and entered the workforce, however, you must take care of your student loans. If you’re having problems paying back your debt, you’re not alone. Here are some of the ways a lawyer can help you work through what you owe.

How a Lawyer Can Help With Your Student Loans

1. Managing Late Payments

If you’ve been unable to keep up with your monthly student loan bills, the lender may consider you delinquent on your minimum payments. In some cases, they could even sue you for the delinquency. Luckily, a student loan attorney can offer direct representation in negotiations with your lender.

Whether you’re being contacted by a debt collection agency or a dispute body, a lawyer can advocate on your behalf, show how you are unable to make the payments, and work toward a settlement. They could even represent you in court if the lender refuses negotiations.

2. Offering Advice

You may be worried about how to repay your loans at rates you can reasonably afford. A student loan attorney can offer advice on the situation and let you know your rights and options moving forward.

For example, if you’re receiving nagging phone calls after certain hours in the evenings, your student loan lender may be in the wrong. Alternatively, your attorney may suggest that you default on, or postpone, your loans if you’re going through a financial rough patch.

3. Contemplating Bankruptcy

If you’ve reached the point where your student loan payments are unmanageable, your credit score is declining, and you don’t envision a boost in income, you may need to look at debt relief options. Luckily, your attorney can help you find a solution via bankruptcy.

While most student loan debts can’t be discharged, bankruptcy could get rid of other types of debt that have been preventing you from making minimum payments. Whether you file for Chapter 7—liquidation of your assets—or Chapter 13—a debt reorganization plan—you’ll be able to bring a brighter financial future into view.

If you’re eager to find an attorney who can help you sort out student loan issues, turn to Padgett & Robertson, Attorneys at Law, of Mobile, AL. They know how much of a burden those college or university loans can be, and they’re happy to help you sort through lawsuits or bankruptcy filings. With over 35 years of experience, you can trust these attorneys to use their time-tested skills in the office and the courtroom. To schedule a free consultation, call (251) 342-0264. Visit them online to learn more.