unemployednomore Posted July 24, 2012 Report Share Posted July 24, 2012 I have a number of loans from the 1990s that I took out during undergraduate school and then had on hold during my graduate school years (2000 to 2003) and after a few years of paying them, I was unemployed for several years (thank you, recession) and eventually the Wells Fargo loans went into Charge-Off status.I'm having difficulty figuring out what to do with these loans. I'm already being sued by one JDB and really want to avoid being sued by Wells Fargo - has anyone had student loans with them where they actually sold the loans to a JDB? Does Wells Fargo sue on student loans? Do they garnish tax-returns? (as if I'd have a positive tax return.... lols)They're private student loans btw and have been in charge-off status since February 2010.The last time I made a payment was in August of 2009, but for some reason right before the charge-off, they reported an on-time payment. Not sure what that's about.I'm just getting nervous as to what Wells Fargo typically does with their student loans after they've been in charge off for so long (we're talking 2.5 years here at this point and almost 3 since I last made a payment).Over the years of my unemployment, they essentially refused any sort of forbearance or unemployment deferment (as they don't offer those options on private loans), but I'm wondering if there is any action I can take to avoid getting sued by more creditors. I don't like the courts but I'm broke. I haven't spoken with Wells Fargo since August of 2009. Quote Link to comment Share on other sites More sharing options...
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