My student loan is in a default, can I find another lender to refinance so that I can get out of default.?
My chapter seven bankruptcy was recently discharge, prior to filing for bankruptcy, my federal student loans went into default. I was given the opportunity to get out of default via a Rehabilitation program; I made my payments on time over a period of nine months and even while I was in bankruptcy. Now that I am out of bankruptcy, I have the chance to get of out this Rehabilitation program, but the company handling my default collection, AES, is taking forever to release me out of “Rehab”, I still have a negative credit rating on my credit report because of the default and they told me that I will still be required to pay until a lender is willing to refinance my students loans. I did everything I was suppose to do to get out of default and I still am even almost after a year, I am wasting more and more money. What options do I have to take control of this.
my understanding of the rehabilitation programs are that it is 12 months, so you are actually closer than you thought
