LuvOrlando
DIS Veteran
- Joined
- Jun 8, 2006
so a good friend of mine, 57, went to college years ago and defaulted on her student loan when she and her husband lost all their money in a failed business venture. She's only married to this guy seven years and in that time she sold her house to live with him in his house and he talked her into putting all their money into a store. Now she's got one son in college and he is getting pretty reasonably taken care of due to their financial situation. However, the marriage is falling apart ( I think her husband is a ConMan the marriage fell apart as soon as the son's Social Security ran out when he turned 18 over the summer) and she is living in the house that her husband owned with his first wife Who passed away. So now she find herself in the unenviable position of trying to figure out the rest of her life. needless to say she's never going to be able to get a house or anything else unless she sorts out her credit. Has anyone else out there ever had a situation where you defaulted or know somebody that had to default on a student loan and how did it end up? I told her she's got to get on fixing it because it this point there's probably a ridiculous amount of fees that have been piled up against her since 2010. i'm thinking maybe a credit counseling agency but since the student loans or federal money maybe that won't work