Are you not able to make your payment at this time?
Yes, I am not able to make my student loan payment.
You should contact your loan servicer as quick as possible and they could help you with options at this time.
Could I just let the delinquency or default notices alone until I can pay it?
It is smart to never ignore your delinquency or default notices from your loan servicer.
What about my promissory note?
You should always read your promissory note because it is a legal document and once signed it means you are legally responsible to repay your loan according to the terms.
I see. Let me ask another question. How much is the extension if I cannot pay with that 15% of my salary? . Ok, but do you have any advice on how to avoid the garnishment of 15% of my disposable salary?
You can negotiate repayment terms acceptable to ED or the private collection agent and ensure that ED receives the first payment no later than 30 days from the day the garnishment notice was sent.
cool. Can you tell me more about what should I do if I'm contacted by anyone that's not the Default Resolution Group about fees for getting my student loan out of default?