Consolidating student loan debts by taking out one large loan or a loan secured against a mojor asset, such as a home to pay down a combination of smaller debt or accounts, is not something we would advise. It uses one lump sum to cover for the entire amount owed on multiple loan accounts. On the other hand, that new student loan is now secured. You may have just taken an unsecured loan and collateralized it against your house or other personal asset. By taking out a new student loan, you can qualify for a lower or fixed interest rate on your loan and may be required to make a single monthly payment.
I had no idea where to start with my bankruptcy and process. After my first meeting with DJ I felt confident that things were going to go well. He helped guide me through the entire process and time.
He's very professional and courteous, thorough and extremely knowledgeable.
I would recommend anyone that needs a bankruptcy lawyer/ student loans.
Don't have a second thought when choosing DJ Rausa!
D.J. Rausa is recognized as a legal expert in Student Loan Debt Resolution and the associated Bankruptcy Laws.