Yes, there could be. Many times student loan borrowers try to do their own research about their rights. Doing that and trusting the wrong site or company about their information can lead a borrower down the wrong road costing them a lot of time and money. Even the collectors who are trying to get paid often give wrong information to borrowers and often break the law when trying to collect money.
If you feel that either State or Federal law have been broken when collectors have attempted to collect money from you, you may have a viable claim (lawsuit) to file against that creditor. And when you file lawsuits you may have the opportunity to put some money in your bank account by receiving damages and legal fees. You may even have the ability to get involved in a class action lawsuit.
If you have more questions on this topic call us today. You can reach us at 1-800- ERASE-DEBT or at www.studentloanlaw.com.