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What happens if your debt goes to a collections company?

Student loan debt is a reality for many college graduates. In recent years, student loan debt has surpassed credit card and auto loan debt to become the highest form of consumer debt in the US. With such high levels of student loan debt, many people are asking: should I list my student loans even if they can't be erased?

The answer to this question will depend largely on your individual circumstances. If you have a good job and reliable income that allows you to make consistent payments on your student loans, then listing them could work in your favor as it will help demonstrate that you're responsible with borrowing and repaying money. On the other hand, if you don't have steady enough income or are struggling financially, then listing your loans may put too much pressure on your finances and leave you unable to pay back everything owed.

The Law Offices of Omar Zambrano has helped thousands of people and businesses on the past to get out of debt and start over.

Our goal is to help you find a fresh start FAST!

Schedule your free consultation today! By Calling 626-338-5505 or visiting us at 12738 Ramona Blvd Baldwin Park CA 91706


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