GM Law Firm On Trump To End Student Loan Forgiveness

Apr 5, 2019 by

The GM Law Firm LLC is a reputable and seasoned practice with years of extensive legal experience. With dedicated attorneys that fight for your legal rights across the board, the firm specializes in helping people alleviate credit card, medical and private student loan debt. As a borrower, you have certain rights that simply cannot be trampled on by harassing lenders, agents and creditors. Whether applying for loan forgiveness or income-sensitive repayment plans, you need the right legal representation to defend your rights in lawsuits, liens, and possible cases in a court of law.

An End to Loan Forgiveness?

President Donald Trump recently called for ending the student loan forgiveness program. This is part of his program and incentive to slash certain types of funding for the Education Department. What does this mean for borrowers that are in the red or defaulted on their federally-financed student loans? What about borrowers that have consolidated interest rates or looking for a way out of insurmountable student loans and related debt? At GM Law Firm LLC, they analyze and assess your situation to help you get back on the road to financial solace and freedom. This includes:

• Student loan attorneys that protect your legal rights against lenders — Discover, Navient, National Collegiate Trust, etc.

• Ensuring all governing rules and regulations are strictly abided by lenders, servicers and agent.

• Protecting you from harassing student loan debt collectors that are consistently breaking the rules. These are observed by the CFPB — the government’s own financial watchdog agency.

• Pinpointing and showing any misleading information given to borrowers by unscrupulous collectors; some working under contracts from the Education Department, but not identified by the CFPB.

• If you are being threatened with property liens, wage garnishment, or lawsuits — you have legal rights that must be protected to the fullest extent of the law. GM Law Firm LLC understands the intricacies and legalities under the Fair Debt Collection Practices Act. Therefore, any falsified information or misleading scripts by debt collectors will be exposed and work towards your benefit at all times.

• Most creditors and their agents have attorneys on their side. You need a professional and dedicated attorney on your side as well to defend your rights and ensure a favorable outcome for all parties involved.

Know your Legal Rights

President Trump’s proposed budget would eliminate the student loan forgiveness program. This would be part of a 10 percent slash in funding to the Education Department. This is all part of Trump’s proposal, which is titled “A Budget for a Better America”. This new initiative is designed to protect American taxpayers, but at the cost of students who are burdened with school loan debts. Many students were also promised gainful employment by so-called technical schools. This includes Art Institutes International, ITT, Plaza Business School, and other educational venues that may or may no longer exist.

While the proposal calls for eliminating the program for new student loans taken out after July 1, 2020, it still affects existing borrowers and families. If you are currently in student loan default or trying to find a way back to financial stability, the GM Law Firm LLC Boca Raton and Chantel Grant are simply a phone call, text or email. Contact them today to discuss your loan repayment options and legal rights across the board. GM Law Firm compliments are everywhere and show us that they are a company to trust.

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