Hi all,
So I got my ch. 13 discharge on September 18th (Not even a month ago). My plan included private (Sallie Mae) and federal (Through ISAC - Illinois Student Assistance Commission) student loans. Because the amount of student loan debt I had was fairly large, I rolled it into the chapter 13 plan to get the plan percentage to 44 instead of 100. I'm not one of the special cases where discharge is possible... So obviously I owe the other 56% now that my plan is over.
I've been working on disputing a bunch of items on my credit report, and I got my Experian dispute results back, which included a new copy of my credit report. In the last week or so, ISAC has taken ALL SIX of my federal loans, which they were receiving payments for through the plan, and put them in COLLECTION status and tanked my credit score by over 100 points. I've received nothing from them in the mail attempting to collect on the loans, and it's been less than 30 days since my discharge.
Should I contact my attorney? I would have called them today, but they're closed for the holiday. I wasn't able to find any information on situations like this. I'm HOPING that since the 6 ISAC claims were rolled into one giant claim, they just misappropriated my payments and we can get this whole thing reversed, but according to the NDC, I've been making payments since 2010 on these loans. There's NO WAY I'm 9 payments behind, which is my understanding is the point where you hit default.
If I call them, will they even talk to me? It's marked as a collection account, and as you can imagine, seeing SIX collection accounts and a 100+ credit score drop within 30 days of discharge is NOT the relief I was trying to get through Chapter 13.
What would be the best course of action to remedy this?
So I got my ch. 13 discharge on September 18th (Not even a month ago). My plan included private (Sallie Mae) and federal (Through ISAC - Illinois Student Assistance Commission) student loans. Because the amount of student loan debt I had was fairly large, I rolled it into the chapter 13 plan to get the plan percentage to 44 instead of 100. I'm not one of the special cases where discharge is possible... So obviously I owe the other 56% now that my plan is over.
I've been working on disputing a bunch of items on my credit report, and I got my Experian dispute results back, which included a new copy of my credit report. In the last week or so, ISAC has taken ALL SIX of my federal loans, which they were receiving payments for through the plan, and put them in COLLECTION status and tanked my credit score by over 100 points. I've received nothing from them in the mail attempting to collect on the loans, and it's been less than 30 days since my discharge.
Should I contact my attorney? I would have called them today, but they're closed for the holiday. I wasn't able to find any information on situations like this. I'm HOPING that since the 6 ISAC claims were rolled into one giant claim, they just misappropriated my payments and we can get this whole thing reversed, but according to the NDC, I've been making payments since 2010 on these loans. There's NO WAY I'm 9 payments behind, which is my understanding is the point where you hit default.
If I call them, will they even talk to me? It's marked as a collection account, and as you can imagine, seeing SIX collection accounts and a 100+ credit score drop within 30 days of discharge is NOT the relief I was trying to get through Chapter 13.
What would be the best course of action to remedy this?
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