A "reasonable and affordable" payment over12 consecutive based on your documented ability to pay, not an amount the collector tells you to pay.
A written agreement confirming the payment terms and advising you of your rights.
Notice Prior to Wage Garnishment
Federal law only permits wage garnishment to collect a defaulted student debt IF:
You get written mailed notice a minimum of 30 days prior to any garnishment proceedings, stating the intent to garnish, amount of the debt, percentage to be collected from wages, and your rights under the law
Opportunity to inspect and copy records relating to your debt
Opportunity to enter into a written agreement to repay your debt
Exercise your rights. We'll help you fight threats & harassments from lenders and rehabilitate or modify your unaffordable or defaulted loans.
I am a licensed, practicing attorney in PA, the U.S. District Court for the Eastern District of PA, and the U.S. Court of Appeals for the Third Circuit. I specialize in: debt collection abuse, mortgage abuse, auto fraud and identity theft credit damage. The majority of cases are handled on a contingency fee basis.
I am a current active member of the following associations:
Serving Philadelphia & Surrounding Area
Law Offices of Robert P. Cocco, P.C.
1500 Walnut Street
Philadelphia, PA 19102 Directions
Free Case Review Call 215-315-3333
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