Practical Solutions For Student Loan Debt Problems
The cost of a college degree has increased by almost 1200% since the late 1970’s. Unfortunately, income for the average American family has grown by less than one third of that amount. That has led to a tremendous growth in student loan debt. Today, the average college student has student loan debt in excess of $30,000- the average graduate student has student loan debt of over $85,000. There is more student debt in the US than credit card debt.
You have been bombarded with advertisements from the government and companies that say there are easy solutions to student loan debt. While it is true that federal loans have programs that are supposed to assist borrowers with their student loan debt, those loans are not administered by the government but by servicers or debt collectors whose income may not be maximized by giving you the best deal.
We Are Here To Help You Through The Process
Kevin Hanly has practiced bankruptcy, consumer law and commercial litigation for over 30 years in New Jersey. He is a graduate of the Student Loan Workshop, and is using his experience to deal with student loan debt whether it be federal, state or private.
Kevin Hanly knows that a “one size fits all” approach to your student loan debt problem does not work. He will listen to you, analyze your situation, and develop a plan of action which works best for you.
Our Approach
Over the years, Kevin Hanly has found that the best way to represent You is to understand your situation by gathering the facts. Then, the next step is to educate You about the law and your options. Then, finally, pick a course of action and follow through.
So, when You call Kevin Hanly to discuss your student loan situation, You will be asked to provide certain information. That information will be reviewed personally by Mr. Hanly to come up with a plan that is tailored to your needs.
Consultation
After initial discussion and review of your documents, Mr. Hanly will conduct a one on one consultation to review your situation, the law, and a course of action. This consultation can be in person or over the phone. The cost of the consultation is reasonable.
Our Practice Areas
Federal Loans
- Lower Monthly Payment
- Get Out of Default
- Consolidation
- Rehabilitation
- Short Term Forbearance
- Stop: Garnishment, Tax Refund & Social Security Setoff
- Public Service Loan Forgiveness
Private Loans and State Loans
- Negotiate Settlement
- Defend Against Lawsuits
- Raise Consumer Defenses:
-Fair Debt Collection Practices Act ( FDCPA )
-New Jersey Consumer Fraud Act ( NJCFA )
-NJ Class Loans
Bankruptcy
- Automatic Stay of Collection Efforts
- Protect Co-Debtors
- Flexible Payments Through Chapter 13 Plan
- Eliminate other debt to free up cash flow
- In Certain Circumstances, Discharge Student Loans by Demonstrating Undue Hardship
Why Kevin Hanly?
Multi-faceted Experience & Personal Approach
- 35 years’ experience with creditor negotiations, foreclosures, loan modification, and bankruptcy
- Over 30 years’ experience in bankruptcy law, consumer law and commercial litigation
- Graduate of the Student Loan Workshop
- Awarded the Equal Justice Medal by Legal Services of New Jersey for his long term commitment to helping needy families in dealing with financial difficulties.
Kevin Hanly has experience with student loan issues in bankruptcy. He has served as a trustee administering bankruptcy cases; and has represented consumers, small businesses, trustees, municipalities, secured creditors and unsecured creditors in Chapter 7, 11 and 13 proceedings.
