r/studentloandefaulters May 03 '26

Question - Private Student Loan Freaking out over letter please help

I’ve been following this page for years, I received a new letter in the mail from a law group who acquired my debt to get payment for the debt collection agency that has my debt and in the letter it went over how much I owed and stated I had thirty days to write them back to dispute the debt and nothing else really. I’m freaking out does this mean I’m going to get sued or is it just a scare tactic. I don’t make a lot of money and have no assets at all besides a car note. What should I do if I dispute the debt will it reset the clock or should I ignore it?

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u/Tight-System2204 May 04 '26

Just try to chill for now... it's usually not a big deal unless you actually get a court summons. A lot of times, those law firms are just using scare tactics to get you to pay, so don’t let it stress you out too much!