If you have student loans and are receiving Social Security Disability the loans and all part of the loans no matter how large can and will be wiped clean. All that has to happen is your doctor filling out a couplke of forms. I believe the forms come from The Social Security Administration. If not there then get them from the institution in which you owe.
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From what I have heard the doctor has to fill out numerous forms and they don't want medical abbreviations, they want the full terminology and the forms that they send to the doctor don't have enough room to write out the full terminology, therefore what it amounts to is the doctor and nurse end up doing a lot of typing, then when the school loan department receives those forms, they send more forms out and this goes on for some time.
For several years, I was hounded by student loan collectors. I would laugh at their letters saying "Please make sure your 72,897.16 is in the form of a check". When I called them to remind them I made less than 800.00 a month, they said "Oh, we will set you up with a payment plan. For just 720.00 a month, you can settle your debt". Not only would this have left me 80.00 to live on but at the time I was 45 and I would have been paying till I was 85. So...
I just had mine done but redhatterb has a point. The student loan people began offering me this service at the point where I "could not even answer a phone"...in other words could not be employed by anyone. The funny thing was I could pick up a phone, and did twice a day for over 6 months, telling them the same thing:"I am on disability which means I don't work, can't work, etc. I had to change my number and then my daughter had to change her land line due to their harassment.
When I finally decided to try, it took about 6 months but it got done.
However, you are going to be watched like a hawk for 3 years. If you work any time during that time, they will not only revoke the loan forgiveness but tack on the interest/fees as well. Doing it is like of like childbirth. It is an arduous process but one well worth it.
My daughter never encountered problems you are referring to. I think that she had two lenders Her doctor was very understanding and they didnt have any trouble. I am sorry if it was you who had to deal with the red tape over and over again. She had thousands and thousands of student loans to repay.
redhatterb is absolutely correct!
This can be done but it will be very time consuming and your doctor may have to certify your condition several times and the Doc may charge you for their work/time.
It is not easy to get your loans cancelled (unless (Heaven forbid) you have serious injury or illness).
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