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The scammers are basically offering to help former students enroll in government loan forgiveness programs. The companies are charging large fees for the services. The problem is the government offers free help for legitimate forgiveness programs. Here are two recent articles explaining the scams in a little more detail:
Blog: Pursuing student loan scammers - http://bit.ly/1u5lfD6
Looking for student loan forgiveness, do your homework - http://fcnews.tv/1x2DFjr
The problem is compounded by the fact student loans are extremely tough to discharge in bankruptcy. Sometimes discharging other unsecured debt in bankruptcy can free up cash to help pay student loans. Remember, if it sounds too good to be true... it usually is.
If you want assistance, legal representation, or just want to know more about Medvesky Law Office, LLC, check out our website at www.medveskylaw.com.
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