Student Debt Tip!

Student debt can be tricky. If you owe tuition or other fees to a school in New York, you need to be sued and obtain a judgment in order for that school to legally collect monies from you through a wage garnishment, restrained bank account, or property lien. If New York State sues you for debt owed to a state university, they will sue you, and if they collect a judgment, most likely seize any tax refund owed to you by New York State. If you have a student loan through a private bank, the bank also needs to sue you in order for that school to legally collect monies from you through wage garnishment, restrained bank account, or property lien. If you have a Federal student loan, then the Federal government does not need to sue you in order to collect what is owed to them. If you are in default on your federal student loans, or being collected for student debt, please call us today so we can help you navigate the best strategies to tackle your student debt. Additionally, please come to our upcoming presentation on repayment strategies on November 13th, 2023 at 12:30 pm. Please visit our website to register and for more information.

Legal Services of Long Isalnd is a member of the EDCAP (Education Debt Consumer Assistance Program) Network. EDCAP members help New Yorkers navigate the student loan system regardless of the type of education debt, federal or private. We offer free, one-on-one counseling and can also assist when a defendant is being sued on a higher education debt matter. Long Island residents please contact Nassau Suffolk Law Services at (516) 292-8100.