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Old Feb 19, 2013, 04:08 PM
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adam_k adam_k is offline
Poohbah
 
Member Since: Jan 2013
Location: Indianapolis, IN
Posts: 1,275
Things are worse than I imagined. I recieved a call from collections for her loans. Apparenty she hasnt been answering their calls or returning thier voicemails. She owes as of today. $95,000. It can be resolved one of two ways. I can come up with 70% of the funds and pay it off. Or I come up with 10% and thier would be 0% interest for the remainder of the loan.

They want 10% in by two weeks or it goes back to sallie mae and they start to take legal action.

I talked to Sarah and she agreed to work anywhere to come up with the monthly payments. Im affraid I wont be able to get the money they want.

I didnt think this was that big of a problem until today. Now I dont know how to deal with it.

Part of me wants to resolve this, and part of me wants to run away and not deal. I feel like this just got dropped into my lap now.
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