Get Out Of Debt-How To Get Out Of Debt

statehiprep asked:


I owe over 200, 000$$ in private college loans!! I am going out of my mind. The phone calls won’t stop, they are calling my parents (cosigners) threatening to put leins on their house, they call my grandmother, my place of work, everyday. I have tried forbearance, most of the companies have denied my request. I have tried making small payments, they still harass me. I’m getting “pretend” court documents threatening to take me to court. I’ve been told I can’t consilidate. My parents are doing everything they can to pay the companies, but we’re also having a problem tracking all of the various different companies that have my loans, as they keep changing. First one of the loans was Chase, then magically it was Wakovia, then next its student collegian trust.

I have a degree, and worked hard to graduate but have found it impossible to find better employment, I am only making $11,000 dollars year and I’m working 2 jobs, 6-7 days a week. When I started school I was in a competative major but by the time I was close to graduation, it was too late to change, and the job market began to go sour along with the economy. I can’t even get the aid to go back to school for my Masters. I tried getting into peace corps, teach for america, got rejected. My roomate is tryign to get into Navy reserves and was told that there is a long waiting list.

DO I HAVE ANY OPTIONS!!???? OR SHOULD I JUST WAIT FOR THEM TO COME TAKE ME AWAY??!!
I have private loans through about 8 different companies. Sallie mae, chase, astrive, citi, private source are just a few, along with I guess now Wakovia, and Student collegiate Trust, which i just found out about.
bankruptcy is not an option, it does not affect/cover private or federal loans
unfortunatly attacking my post and my integrity does very little to solve the problem. All the information given is correct and concurrent with my tax information for this past year.

Phillip Casar