Legal Question in Credit and Debt Law in California

I am unemployed and retired on Social Security. A university is threatening to sue me for a former student loan. If I send them a small payment every month (like $20) will that stop them from sueing me?


Asked on 4/24/10, 6:35 am

1 Answer from Attorneys
Grenville Pridham Law Office of Grenville Pridham

Did you borrow the money from a private lender or a government guaranteed lender? You may have a statute of limitations defense if it was a private lender.

You should go on internet and look for student loan ombudsman website to find out about payment plans.

If a judgment is obtained, your social security funds are exempt from execution.

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Answered on 4/29/10, 10:46 pm


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