Settlement!!!
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Forum Description: Reccommended Advocates and Counsellors
URL: https://www.canadastudentdebt.ca/forum_posts.asp?TID=6551
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Topic: Settlement!!!
Posted By: russellm
Subject: Settlement!!!
Date Posted: 07/November/2012 at 7:32pm
I am posting here to recommend CFW (John LeBlanc) to anyone struggling with the cost of an education in this country. Education is a right, not a privilege. Education and knowledge are public goods and are created thru time and by the many. The price of education is too high. A person going to university on a student loan has about the equivalent of Welfare to live on after paying tuition and student fees. As a working class student I always had a part-time job.
John worked with me over slightly more than two years to negotiate a settlement for a $50,000 student debt to a manageable $15,000. This would not have been possible without his guidance and effort!
I am willing to speak with people who have questions or concerns before hiring John. Reply to this post with your query, email, or phone number (anywhere in the country).
Fight for fair education for those coming thru. Demand politicians talk about the issues of affordability and access to education and training. We need educated Canadians to thrive in the 21st Century.
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Replies:
Posted By: mamasept
Date Posted: 13/November/2012 at 9:20am
Hi there,
Did you settle with a lump sum payment? Thanks!
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Posted By: russellm
Date Posted: 13/November/2012 at 1:31pm
Posted By: mamasept
Date Posted: 13/November/2012 at 5:26pm
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Can you offer me any advice? I just received an offer of settlement from the collection agency holding my $19000 federal loan. They asked for $8000 and change. The notice came after my call last week to find out about the total owing. I told them that I was looking into a proposal or bankruptcy. I would really like to negiotiate a lower amount that I can afford in a lump sum. Any help would be appreciated. Getting rid if this debt would make my life healthier and happier :)
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Posted By: russellm
Date Posted: 14/November/2012 at 1:07am
I don't know what to tell you as that is why I hired LeBlanc. He negotiated my settlement. You could call him and see what he thinks. You are down around 0.50 on the dollar but it all depends on your situation (finances, assets, etc).
Best of luck!
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Posted By: mamasept
Date Posted: 14/November/2012 at 8:14am
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Maybe I will try to negotiate. I can't afford to pay much out of pocket along with a lump sum. Thanks!
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