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 Whippany, New Jersey | New York, New York
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Student Loan Debt

Student Loan Debt

At Helfand and Associates, we also handle many individual bankruptcies and help our clients negotiate or modify their debts. Student loans are currently not dischargeable in bankruptcy. It is a huge problem. Really, it seems like the next mortgage crisis.

One of the top issues being addressed by the National Association of Consumer Bankruptcy Attorneys lobby before Congress is student loan debt. Tanya Helfand has been a member of the National Association of Consumer Bankruptcy Attorneys for several years. The Federal student loans can now be modified periodically depending on an individual’s financial status. There are now graduated payments available as well as income-based payments for graduates. Also, there are circumstances for both parents and kids where it really makes sense to file for bankruptcy to lower the total debt burden and get a “fresh start”.

If you or someone you know is overwhelmed by student loan debt, mortgage foreclosure, credit card debt or medical bills or a combination of these factors and is scared and does not see how to resolve these problems, we at Helfand and Associates can help with an objective, careful analysis of the problems. There are options and opportunities for real relief. Many clients come in with incorrect information. They think it is not possible to keep their home or if they file bankruptcy their credit is ruined forever. They also think they are stuck with the monthly student loan payment on the bill. These assumptions are simply not true in most cases. You can go from losing sleep and stealing from Peter to pay Paul to calmly managing your budget on your existing income.

The Federal loan companies have payment modification options so you now can make a payment based on your budget and you are no longer in default. House mortgages can be modified. If equity is low and payments are current, homes can pass through a bankruptcy. Please do not just throw your mail aside and ignore it because “it cannot be fixed and is hopeless.” It is not. We can help you. There are options and opportunities for real relief. At Helfand and Associates, we look at your total financial situation whether it is credit card debt, mortgage foreclosure, tax debt, medical bills, child support, alimony or student loan debt. We can give you intelligent practical options to move forward in a positive direction.

Please call us at Helfand and Associates for a free 1/2 hr. consultation.

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Our Offices
  • Whippany Office
    575 Route 10 East
    Suite 1
    Whippany, New Jersey 07981
    Phone: 973-428-0800
    Fax: 973-428-0830
  • New York Office
    420 Lexington Ave.
    New York, New York 10170
    Phone: 646-213-9053
  • "Without Tanya and her time, the really unpleasant experience of getting divorced would have been even worse. They were able to settle the matter very quickly and helped me fit this into my tight schedule allowing me to leave to move abroad for my dissertation research on time without having to delay the trip because of the divorce. They also did all of it within my very tight budget. Thank you so much for your help and dedication to my legal matter!"  - AG

  • "Tanya and her Associates are outstanding! What I admire most about Tanya is her knowledge of the law with her keen negotiation skills to foster mediation. Her strategies efficiently resolve conflict leading to the resolution of cases. She and her team have an outstanding work ethic, know what data are needed, and get the job done. It is a pleasure to work with such wonderful professionals."  - Tara, Whippany

  • "I found Ms. Helfand's knowledge and tenacity most reassuring during the ordeal of my divorce. She was steadfast in her guidance and was very effective in her negotiations on my behalf. I would recommend her without a second thought. "  -Jonathan

  • "Ms. Helfand was very professional and helpful with our bankruptcy case. Her advice was very useful and helped us make the proper decisions for our situation. In addition, she was very supportive during a very difficult time for us. Finally, she set very specific fee expectations and there were no surprises when it was completed. I would use her services again and would recommend her, without question."

  • "She is Incredible, very quick responding to the other party. Very professional and courteous. I highly recommend her. She has a great passion and love for every single case."

  • "Tanya and her team were very professional handling my divorce proceedings. She was very proactive in making the other attorney finally get the process moving forward. I would recommend her to anyone looking for legal services. "  -Scott

  • "Ms. Helfand strategized & processed, both, my Divorce & Chapter 13 Bankruptcy. As both cases were emotionally and legally challenging, Ms. Helfand proved to be an empowering Mentor along the path to clarity for which I am truly grateful. I highly recommend her legal expertise to anyone who is seeking a confident, savvy & caring attorney to become at peace with self and any legal matters."  -Vas

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