Deferring Your Student Loans
In today’s tough economic times the majority of students have to take out student loans to pay for their college education. In fact, the average college graduate from a four-year university will graduate with close to $24,000 in student loan debt. This can be a seemingly impossible number to pay back, especially if you don’t have a job after graduation. The number can be even larger if students choose to attend graduate school.
A reported two-thirds of all bachelor degree graduates walk across the stage with at least some amount of student loan debt he or she is required to pay back. Paying back thousands of dollars in loans may seem like a large task and many students aren’t aware they can defer their student loans to pay back at a later time. Don’t worry about making payments any longer. If you are worried about making your student loan payments, contact an experienced bankruptcy attorney today.
How You Can Defer Your Student Loan
To qualify for student loan deferment, you have to qualify for at least one of the following conditions:
- Entering the military
- Teaching in an underprivileged community or working for a community service organization
- Unemployed
- Disabled
- Medical condition keeping your from working
- Reentering school
Contact Us
If you have recently graduated and want to discuss the options of deferring your student loans or filing for bankruptcy, contact an Arizona bankruptcy attorney of the Harmon Law Office, LLC, today at 480-829-0494. We will discuss your legal options and help you make the best decision.