Law Office of Stephen M. Stern, PLC
Business, Bankruptcy & Debt, Trademark, Copyright, Contract
Firm Size:
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Law Office of Stephen M. Stern, PLC
Main Office
1026 Palm St
San Luis Obispo, CA 93401
Office Hours
Monday - Friday 9:00 AM - 5:00 PM
Other Locations
35.2830561,-120.6616798
Lawyers
Stephen M Stern
Bankruptcy, Contract, Estate, Wills, Wills
1331 Plum Orchard Lane
Templeton, CA 93465
About Law Firm
With the ever-increasing cost of tuition, room and board, more and more students are dependent on loans to pay for their education. More than 39 million borrowers hold approximately $1 trillion in debt since 2014, and that number has likely increased dramatically. In addition to the students taking out student loans, their Parents may be assuming Parent Plus Federal Loans, and/ or the Grandparents, who co-sign private loans. Students remain hopeful that their investment will result in higher paying jobs to pay for the loans, but salaries don’t necessarily keep up with the loan amounts needed to fund the education. Depending on the chosen career and the economy, employment and income can change radically, presenting significant challenges to stay current on student loan payments along with other debts. Failure to make these payments will result in default, followed by garnishments of your paycheck, interception of tax refunds and more by the federal government, which does not need to file a lawsuit or get a judgment. Private loan creditors may file a lawsuit, and then seek post judgment remedies such as garnishments, bank levies and more.
There may be several options available to you to deal with these financial challenges. This includes the possibility of placing you in an income based plan that limits your payment to 10 to 15% of your income, while also starting the time clock on the number of payments you need to pay before the remainder is forgiven.
There may be several options available to you to deal with these financial challenges. This includes the possibility of placing you in an income based plan that limits your payment to 10 to 15% of your income, while also starting the time clock on the number of payments you need to pay before the remainder is forgiven.
Please contact me for an initial consultation.
Reviews
The Stephen M. Stern Law Firm is everything you need and hope for when retaining legal services. As a client, you are certain that your needs, concerns and case will be handled with the utmost professionalism, integrity, timeliness and attention to detail. I highly recommend the legal services of the Stephen Stern Law Firm!
Stephen is thorough and knowledgeable. He makes the process smooth and helps guide you through it with full understanding of your legal documents.
Stephen is excellent and easy to work with. He provides answers to questions in understandable ways, and fulfills document creation needs well for my small business.
Stephen is personable, attentive and provides a wealth of knowledge. He was quick to attend to our needs and I felt he gave us great advise.
I am very glad I chose Stephen Stern Law Firm to help me with my estate planning. Stephen truly cares about helping people. He reviewed the process and explained my options. Stephen is very easy to talk to and really listens to your needs. Whenever I had more questions, I would contact him and he would always respond quickly to my calls. Stephen goes the extra mile to help you. He also arranged for the notary to meet with us when the documents were ready for signature. Stephen made the entire process very easy and stress free. I can rest assured that my children will have an easier time handling my affairs upon my passing. I highly recommend Stephen Stern Law Firm and will be definitely referring my family and friends to him. The travel was justifiable and well worth the time.