What does it mean when my student loans have a zero balance due to a claim?

My student loans are through NelNet and I received a letter from NelNet instructing me to stop making payments. The reason they give is that my student loan account has been paid by a claim and now has a zero balance. I have had student loans since 1995; but I also have filed bankruptcy. What does all this mean? What claim paid my loans off? Did I or someone else get sued for the money?

That is a question they should be able to answer for you. Is it possible there was a class action suit? Or included in bankruptcy? Contact them and find out.

Try this site

http://free-college-information-usa.blogspot.com/

Free College information on Financial Aid for students, Scholarship, Student Loans and more.

This entry was posted on Wednesday, July 29th, 2009 at 9:45 am and is filed under Student Loans. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

3 Responses to “What does it mean when my student loans have a zero balance due to a claim?”

Gorkbark Porkduke Gefunken Fubar Says:
July 29th, 2009 at 3:21 pm

It means the bankruptcy wiped out the debt.
References :

Rebecca Says:
July 29th, 2009 at 3:42 pm

Call and ask them what it means. SL are rarely dismissed n a BK but who knows, call them.
References :

jayme Says:
July 29th, 2009 at 3:49 pm

That is a question they should be able to answer for you. Is it possible there was a class action suit? Or included in bankruptcy? Contact them and find out.

Try this site

http://free-college-information-usa.blogspot.com/

Free College information on financial aid for students, scholarship, student loans and more.
References :

Leave a Reply