Private Student Loan Debt: Navigating the Path to Freedom

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  • Опубліковано 19 лип 2024
  • Private student loan debt can be overwhelming and stressful, but it doesn't have to control your future.
    In this video, I share the best strategies for managing and paying off private student loans. You'll learn practical tips and solutions that can help you get back in control of your finances.
    I talk about concepts like refinancing your loan, settlement negotiation and filing for bankruptcy.
    So don't let private student loan debt hold you back - watch now and take the first step towards a brighter financial future.
    Want a deeper dive? Read our blog post on Private Student Loan Debt Settlement available here: link.tateesq/private-loans-se...
    TIME STAMPS
    00:00 Intro
    00:28 What can you do?
    01:24 Option 1 - Negotiate a settlement
    03:22 Option 2 - Filing bankruptcy
    05:24 Outro
    NEED HELP?
    👉 Book a call: link.tateesq.com/book-call-yt
    👉 Get our newsletter: link.tateesq.com/newsletter-yt
    CREDITS
    Hosted by Stanley Tate
    Produced by Bisuala

КОМЕНТАРІ • 23

  • @ethanlculver
    @ethanlculver 26 днів тому

    Fantastic video and explanation

  • @olgaguadarrama3004
    @olgaguadarrama3004 5 місяців тому +1

    Thank you for sharing this helpful information!

  • @JamesMFinley
    @JamesMFinley 11 місяців тому +6

    I took out $80,000 is private student loans in 2004. In just the last 3 years I have payed over $50,000, paying $1350/month. I still owe $160,000+. It feels hopeless.

  • @crunky3191
    @crunky3191 Рік тому +3

    I like your videos; always direct, clear, and informative. Thanks for these and your blog, man.

  • @christiewells6263
    @christiewells6263 Рік тому +2

    I appreciate you and the information you share. Thank you!

    • @stanleytate
      @stanleytate  Рік тому +1

      You are so welcome!

    • @jontris6118
      @jontris6118 Рік тому

      ​@@stanleytateI OWE 50K to discover student loan . I can get family loan for 7k 90 days late on discover student loan

    • @jontris6118
      @jontris6118 Рік тому

      ​@@stanleytatesettlement for 7k for 50k discover student loan ..90 days late

  • @michaelsmith5463
    @michaelsmith5463 3 місяці тому +1

    QUESTION: Can a private student loan garnish my retirement (IRA, 401k, pension) when I retire?

    • @stanleytate
      @stanleytate  3 місяці тому

      Private student loans can take money out of your bank account after they sue you and get a court order allowing them to do so. Until then, they can't forcefully take money from any source.

  • @JoshuaQuarrell
    @JoshuaQuarrell Рік тому +2

    I have a 100,000 dollar student loan debt. It's been a horrible time. 😪

  • @butternuttt
    @butternuttt 9 місяців тому

    great channel! can a university withhold your transcript after a private/university student loan has been written off after 20 years?

  • @ricososa-je2jq
    @ricososa-je2jq 2 місяці тому +1

    Bro said a whole lot of NUFFIN

  • @jonasbaine3538
    @jonasbaine3538 11 місяців тому +3

    Honestly these are horrible options pushing regular law abiding citizens back against the wall. I’ll never forget reading online about someone that left the country and became a drug dealer who paid off their student loans. This is a horrible situation for Americans.

  • @kenthassell6394
    @kenthassell6394 8 місяців тому

    Is it worth it to file an adversary proceeding on a previous Chapter 7 bankruptcy, from about 7 years ago? Does it make sense if you are in the income repayment plan with a very low payment? I am moving to the Philippine's for ministry, and not sure how long I will be there.

    • @stanleytate
      @stanleytate  8 місяців тому

      It really depends. If you're comfortable your plan, then maybe it's not worth it to you.

  • @RockyTop-T
    @RockyTop-T Рік тому

    How much does it cost to file an adversary case4 from an already discharged bankruptcy?

    • @stanleytate
      @stanleytate  Рік тому

      It depends. Some attorneys charge a lot less. I charge a lot more. My cases typically range between $8-20k. It's a lot of work to do it right.

  • @jontris6118
    @jontris6118 Рік тому

    50K DISCOVER STUDENT LOAN 90 DAYS LATE. settlement options.

    • @xfishman123
      @xfishman123 7 місяців тому

      What happened?

    • @jontris6118
      @jontris6118 7 місяців тому

      @@xfishman123 Discover is worse than drug cartel. They will not nogotiate.