$237,845.75 in defaulted student loans is now in collections. How I got here is a long story, but I have declared bankruptcy and am getting my financial picture in order, but as we all know student loans are non-dischargeable. Obviously this is not an amount I can even make an offer to pay half of, but I am now gainfully employed and want to make some kind of arrangement. What are my options? Should I contact them and offer a monthly payment? What should that amount be based on? Does which collections company it is matter? I don’t have any assets so I’m not worried about that. Any pointers are greatly appreciated. Throwaway for the reasons. I’m in Washington state.
just curious how did you get 237k in loans? Are you a physician or lawyer?
Pondering your problem (which, I'm sorry I don't have any good answers to), I can't help but wonder how $237k in legal and business education didn't in some way prepare you to have better answers to your own question than anything I might have to suggest…best of luck, in any case.