Have you been sued by SLM Corporation?
Who are they? SLM Corporation is the official name of the company known to the public as “Sallie Mae.” More specifically, SLM Corporation is the parent company of Sallie Mae (a Servicer) and SLM Education Credit Finance Corporation.
The Department of Education found that as of September 2010, SLM Corporation managed upwards of $182 billion in education loans and served 10 million student and parent customers via its subsidiaries. Although SLM Corporation was created in 1972 as a government-sponsored entity, the company terminated its ties to the Federal government in 2004.
Are they legitimate? SLM Corporation is a legitimate entity and if you have been served with a Summons and Complaint by SLM or Sallie Mae, you should take swift action to try and prevent a judgment from being entered against you.
Simply ignoring a lawsuit will not prevent the plaintiff from pursuing relief from the Court system. And once a judgment has been entered, the law assumes that it is valid, thus allowing SLM and its attorneys to take lawful action to involuntarily collect payment from you (including wage garnishment, frozen bank accounts and liens on property).
How can we help? Our law firm battles SLM Corporation on a regular basis and frequently obtains exceptional results for our clients. We can ensure that the lawsuit is valid, fight to help save you money, establish manageable payment plans and even have default judgments vacated were appropriate.
Aren’t lawyers expensive? Our law firm only represents debtors – that means we understand that the people needing our help are usually dealing with financial difficulties that need assistance. That is why our consultations are free and we only charge a low flat rate for our services – i.e., no contingency fees.
When you consider that other law firms and debt settlement companies often charge very large flat fees and then contingent rates, it becomes abundantly clear that our law firm is the best fit for your budget and debt settlement goals.
If you need help dealing with SLM Corporation contact our firm today for a free consultation. Our lawyers will take the time to listen to your concerns and explain your options.