/biz/ I've never posted here but I am in a bit of a panic.

>>1468611

How long is a very long time? You're usually allowed a grace period.

How much money do you have in your savings to pay off a chunk of the 11k?

>>1468628
This fag hadn't paid his debts.

He's probably living like a shitbag and waaaay beyond his means.

I doubt he has 1 cent in savings.

t. Buttmad student loan debt collector.

>>1468611
Your dealing with the US government this isn't a typical bill collector. With a typcial bill collector you could blow them off with federal debts its best you seek legal counsel.

http://lmgtfy.com/?q=student+loan+lawyers

>>1468628

Like 10 years. Yes I am an idiot, I understand.

I have about $7k that I could use to pay.

There is other stuff going on in my life and I can't afford to spend more on this debt right now.

From what I read on Google this type of letter is pretty serious and I need to act before the 30 days?

Should I talk to a Credit Counseling Service so they can intervene for me?

>>1468637
>waaaay beyond his means

If by way beyond my means you mean helping out my father financially then yeah.

>>1468651
J U S T
U S T
S T
T

> $11k of debt
$11k of debt
> $11k of debt
$11k of debt
> $11k of debt
$11k of debt

And you let it get to the point where your wages are being garnished? 95% of students have loans that are at least twice that, and you decided to be this much of a shitbag?

>>1468645
10 years? Dude I paid off 10K while on a grad student salary.

File: image.png (712KB, 640x1136px) Image search: [Google]

712KB, 640x1136px

>>1468651

>>1468651

This is why we shouldnt give loans to genetic financial failures

>>1468645

The letter is actually very serious. They're afraid you're going to default on the loan. And yes, you should talk to a reputable counseling service. Make it clear you have 7k and they should help you structure monthly payment plans

Godspeed anon

>>1468611
You owe the equivalwnt of a used car in student loans and ignored them?

Whats your "career" bagboy at a grocery store?

>>1468651

>Hey son, give me some money
>But dad I need to pay back my loans
>Son, don't give the gubmint nothing! Your family needs your money more than those guys!
>Ok, here you go!

Fast forward 10 years

>Dad, I can't pay back those loans, what did you do about your loans?
>What loans?

You went 10 years of your life and you couldn't afford the minimum payment? Did you have a severe cocaine addiction?

>>1469310

Thanks anon

>>1468611

Contact them, just be like ''yeah I'll pay $250 monthly'' and you're done with it.

>>1468611

Dude. it's $11k. Just pay it.

That's like $100 a month to start paying it off. That's one night a month waiting tables at a popular restaurant.

Unfortunately the govt has a lot more power than you in this matter.

>>1468651
You either die a beggar or live long enough to become a loan shark.