Did you attend DeVry University? Did you have a student loan? If so, here’s what you need to know about what The Education Department’s canceled federal student loan debt.
How to Submit a Borrower Defense Claim
You will first need to submit a claim through the borrower defense page. Keep in mind that if you have received and accepted a payment, you are still able to seek other available relief. You can also apply for loan forgiveness, even if you have already received a payment from the DeVry settlement.
Remember, you will not need to pay anything to receive a refund. Do not pay anyone that promises a refund for a fee. Your settlement check can be cashed or deposited without fees.
Am I Eligible?
In order to be eligible, you will need to meet all of the following conditions:
- Enrolled in a bachelor’s or associate’s degree program between January 1, 2008 and October 1, 2015.
- Paid a minimum of $5,000 with cash, loans or military benefits.
- You did not receive debt or loan forgiveness as part of the settlement.
- Completed at least one class credit.
If you need more information, please call the FTC’s refund administrator at 844-578-2645.
Interested in Discharging Other Debts?
Bankruptcy is a great option for reducing or eliminating debt entirely. Contact our office today for a free consultation. Let us go over your unique situation to find the best options for you.
At the Law Office of Daniela Romero, we believe in relationships that are based on trust. Before we work together, we would like you to get to know us. We want you to be sure that we are the perfect fit for you. This will allow you to be completely comfortable sharing intimate and difficult details of your case, so we can offer you representation to the fullest extent of the law. Call us today to set up a free consultation.