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If you receive money from a settlement, whether Sallie Mae will take your money depends on the nature of the settlement and your financial situation. If the settlement is meant to cover debts or obligations, creditors like Sallie Mae could potentially claim a portion of it to satisfy outstanding loans. However, if the settlement is for personal injury or other damages, it may be protected from creditors depending on state laws. It's advisable to consult with a financial advisor or attorney for guidance specific to your situation.
What else can I help you with?
How do I apply for a sallie mae student loan?
Go to the Sallie Mae student loan website to apply online. It will take only 15 minutes for the site to verify your credit score and tell you if you qualify.
Can sallie Mae take your federal refund?
Yes, Sallie Mae can take your federal tax refund if you have defaulted on your federal student loans. The government may offset your refund to repay the outstanding debt. However, this typically applies only to federal student loans, not private loans. If you're concerned about your loans, consider contacting Sallie Mae or a financial advisor for guidance.
What are benefits of Debt Settlement program?
Through debt settlement programme people can save their lots of money. Getting the debt details of customers debt settlement agents starts their work. fast they contact the creditors and make them accept a 40 to 50 percent settlement rate. The companies finally accept that condition because otherwise they could get nothing. Some times people spend much money in credit but atlast they don't paid off the full. But their creditors will take all money from them, in that case debt settlement is very essential for the debtors. Debt settlement companies can manage this problem and clear the debt after a settlement process.
Why does it take 3 days to transfer money?
Transferring money can take 3 days because the process involves multiple steps to ensure security and accuracy. These steps include verification, authorization, and settlement between different financial institutions, which can take time to complete.
If credit cards have been closed because of late payments is it better to pay them off or negotiate a settlement?
Well, If you have money, pay them off. If you dont have, negotiate with them. FYI..... Usually collection companies negotiate at better rate than original creditors. BUT, a lot of collection companies take your money and then ask for more money. So make sure they send you a written settlement letter and only after that you make a payment to them. Do not trust verbal promises. Absolutely do not. Collection companies try all the tactics to get more and more money out of people's pocket. Be firm and you would definitely get a good settlement. Target 50% :) That is very much doable.
How long does it take to receive money from a Sallie Mae signature loan?
Allow 1 week from the time you've submitted all documents and heard from Sallie Mae that the documents are ACCEPTABLE.
Can debt collectors take settlement money?
Debt collectors can indeed take settlement money from someone if they owe debt. These collectors may take from what they need to.
How do I apply for a sallie mae student loan?
Go to the Sallie Mae student loan website to apply online. It will take only 15 minutes for the site to verify your credit score and tell you if you qualify.
Can medicare take some of your comp settlement money?
if or went i turn 65 the money put in medicare setback not spended , do i get it back or does medicare keep it?
Can sallie Mae take your federal refund?
Yes, Sallie Mae can take your federal tax refund if you have defaulted on your federal student loans. The government may offset your refund to repay the outstanding debt. However, this typically applies only to federal student loans, not private loans. If you're concerned about your loans, consider contacting Sallie Mae or a financial advisor for guidance.
How much money am I losing if I decide to go the route of cash for settlement?
The amount of money you will lose if you take a cash settlement depends on the amount of the settlement. Usually the amount you lose is worth it if you need the cash or don't want the other settlement option. If the other option is stocks then cash might get your more at this time due to the ups and downs of the stock market.
What are the advantages of taking a personal injury settlement?
There are a few advantages to taking a personal injury settlement. The biggest advantage to take a settlement is avoiding lengthy court proceedings. It also guarantees a payment award and gets money to the victim faster.
How do you get money out of a structured settlement?
The first step to getting money for your structured settlement is determining if you want to sell partial payments or sell your whole structured settlement for a lump sum. Next you apply with a funding company that specializes in structured settlement buyouts to receive a quote.
What are benefits of Debt Settlement program?
Through debt settlement programme people can save their lots of money. Getting the debt details of customers debt settlement agents starts their work. fast they contact the creditors and make them accept a 40 to 50 percent settlement rate. The companies finally accept that condition because otherwise they could get nothing. Some times people spend much money in credit but atlast they don't paid off the full. But their creditors will take all money from them, in that case debt settlement is very essential for the debtors. Debt settlement companies can manage this problem and clear the debt after a settlement process.
Do I need a lawyer to take cash for a settlement?
If you want to make it an official settlement, then yes, you do. Otherwise you can end up in a pretty shady exchange of money. I guarantee that whoever you're settling with will have their lawyer on hand.
Can a Student Debtor authorize Sallie Mae to take from Social Security to pay off debts owed either upon request or as counter-offer to offers of repayment options given by Sallie Mae?
(Continuing the question from previous opening statement) If Social Security, and the Government, states to the Citizen, that the money paid-in to the Social Security system IS the paying-in beneficiaries money...then why not allow credits registered and reported in one Government department transferred over to handle debts owed in another Government department? Did it STOP becoming my money when I paid into Social Security, and become the Government's (or a retiring Social Security beneficiary's)...until I reach retirement age, at which such time, it THEN becomes my money again, but, paid out on the Government's schedule? Can the repayment options that Sallie Mae, (operating under Government auspices, regardless of HOW private-side Sallie Mae becomes,) gives the Student Debtor, NOT be counter-offered, by that Student debtor, with money, held in, what appears to be a Government Trust, under care of the OTHER department? IF that IS my money there, held by the Government, in trust, and the Government has NOT Stated at any time that it stopped being my money...then what's the problem here?
What is the best way to collect my cash settlement?
Cash settlements are usually paid out over a number of years by the person who owes you the money. There are however, several companies out there who will take a structured settlement and turn it into one large lump sum of cash. They are able to do this because they take a percentage of the money. You can contact Peachtree Financial or JG Wentworth if this interests you.
