Sallie Mae
Private Student Loan Account Removed Then Claimed Again After Bankruptcy Cleared
- 05-10-2011
- 23
First off I would like to warn people before obtaining a loan from Sallie Mae. They charge a fee for dispersing money, then they charge a fee when your loans go into repayment. If you need a deferment of payments they charge you another fee.
My situation I had applied for a private student loan with my mother as a cosigner in 2009. I left school in 2010 in December I filed for bankruptcy chapter 7. When Sallie Mae caught wind of my bankruptcy they removed me from the account (I could no longer service the account and when I would call they had no record of the account under my SSN). My bankruptcy cleared March. I just received a letter saying since my bankruptcy cleared and their account was not discharged I am again responsible for the loan. My question is since they took me off the contract wouldn't I have to sign a new contract? Or can they edit contracts as they see fit?
Company: Sallie Mae
Country: USA
Site: salliemae.com