Forbearance and Stopped Collections
Corinthian students that plan to submit a debtor protection application may have their federal student education loans put into forbearance or stopped collections if those loans are increasingly being serviced by a federal loan servicerв (or defaulted and serviced by an exclusive collection agency). В Once you have got submitted an attestation kind with all the needed information, your federal student education loans will undoubtedly be put into forbearance or stopped collections until the job is reviewed and prepared.
Your federal figuratively speaking would be positioned in forbearance, or collections will minimize for as much as year. Only borrowers with records being being serviced by way of a federal loan servicer meet the criteria for forbearance or stopped collections. Read more