Are You Ready to Deal with Your Student Loan Problem?

Student loan debt is a reality for millions of California residents. If you can’t afford the payments, contact us to find out about your options. We can help you:

  • Lower monthly federal student loan payments
  • Work toward student loan forgiveness
  • Consolidate federal loans so you can make just one payment

Contact the Stephen Stern Law firm today using the link near the bottom of this page and find out how low your payments can be. We can analyze your case and show you which student loan options can help you the most.

Federal Student Loan Repayment

Your first student loan payment is due six months after you leave school, whether you leave the program or graduate. You are on the standard repayment plan if you didn’t contact your student loan servicer at least 45 days before your first installment is due. This repayment option divides the sum of your student loans plus interest into 120 installments (10 years). To give you an idea of what this looks like, if your loans are $35,000, monthly payments will be about $295, depending on interest rates.

If you are unemployed, underemployed, or have significant other debt, such as medical bills, this payment amount may not be realistic.

Do I Need a Student Loan Lawyer?

Your servicer can make recommendations and change your repayment plan, but they often act based on what is easiest for them, not what is best for you. An experienced California student loan lawyer has a deep understanding of student loan law. They work for you, not the servicer, and could save you thousands of dollars over the life of the loan.

Repayment Plans

Would a lower monthly student loan payment help you save for a car, home, or retirement? Let you move to a better area? An analysis and review of your specific student loan situation allows us to get you into one of the repayment plans. This can lower the monthly payment, giving you some much-needed breathing room. Student loan repayment options include:

  • Extended Repayment Plan
  • Graduated Repayment Plan
  • Income-Based Repayment Plan (IBR)
  • Income-Contingent Repayment Plan (ICR)
  • Income-Sensitive Repayment Plan
  • Pay as You Earn Repayment Plan (PAYE)
  • Revised Pay as You Earn Repayment Plan (REPAYE) now call SAVE, an even better repayment plan

The federal student loan repayment plan that’s right for you depends on your unique situation and goals. Contact us today and take back control of your finances.

Do I Qualify for Student Loan Assistance Programs?

There are repayment assistance programs you might qualify for, depending on your career. Professions that have assistance programs include teachers, nurses, doctors, lawyers, and members of the military.

Direct Consolidation

If you needed student loans for more than one semester during college, you likely have multiple loans – one or more for each semester and each one might have a different interest rate. This means you’re making multiple monthly student loan payments, with different amounts. A direct consolidation loan combines your federal educational loans into one payment.

Benefits include:

  • Simplifying monthly payments
  • Moving to fixed-rate interests instead of variable
  • Allowing more time to pay off the loans
  • Becoming eligible for forgiveness programs

There are 20 different types of student loans that you can consolidate, including nursing student loans, parent loans for undergraduate students, and Direct PLUS loans.


Are your federal student loans in default because you couldn’t afford the payments? Rehabilitation offers you one opportunity to get back on track. We negotiate with the servicer on your behalf to get your loans out of default. Next, we can consolidate your loans and place them in a repayment plan that relieves some of the financial pressure and gets you back in good standing with the federal government.

Can Bankruptcy Wipe Out Student Loans?

Despite what you may have heard, bankruptcy can wipe out student loan debt in certain situations. The requirements are strict, but if you are eligible, we can help you file for bankruptcy, Chapter 7 or Chapter 13, and include your federal student loans. This can help you reclaim financial stability and move forward with the rest of your life in as little as six months.

Contact the Stephen Stern Law Firm Today

Student loan law is complex, with detailed financial requirements and deadlines. Our California Student Loan Lawyer has the training and experience to help California residents reduce their financial burden and get back on track. You don’t have to live with the stress of harassing creditors. Contact us today and get your finances back on track.

There is no cost to you for this review and no obligation for you to continue.

Why can’t I just talk to the attorney about my loans?  Although talking to an attorney can make you feel more comfortable and ease the stress faster, student loan law is very particular about what, how, and when things can be done. We want to give you accurate information as it pertains specifically to you. Once we conduct your free review and we have determined options, we can schedule an Analysis where we go through the options in detail, set your strategy, and then implement a solution.

Providing Bankruptcy and Business Law Services to California’s Central Coast Since 2003

  • San Miguel
  • Paso Roble
  • Atascadero
  • Cambria
  • Morro Bay
  • Cayucos
  • Los Osos
  • San Luis Obispo
  • Pismo Beach
  • Arroyo Grande
  • Grover Beach
  • Oceano
  • Nipomo
  • Lake Nacimiento
  • Ragged Point
  • Big Sur
  • San Simeon
Martindale-Hubbell PREEMINENT
Martindale-Hubbell Client Champion Platinum
Stephen Stern To Rated Lawyer 2023 2023 Award - Stephen Stern
Mobile Law Center Award - The Best of Business
Avvo - Rate your Lawyer. Get Free Legal Advice.
Stephen Mark SternReviewsout of 15 reviews