FFELP Borrowers in California Who Received a Natural Disaster Forbearance
Preston Law Offices is investigating whether Nelnet or other servicers complied with federal and California law while servicing student loans under the Federal Family Education Loan Program (FFELP) during natural disasters in California declared after 2020. FFELP was a federal loan program that ended in 2010. The Higher Education Act requires that, when a geographical area is designated a natural disaster, the servicer must place FFELP borrowers into forbearance for at least 30 days after the natural disaster ends. To qualify, you must meet the following criteria:
- You had a FFELP loan.
- Your loan was current at the time of a declared natural disaster in 2020 or after.
- You lived in California at the time of the disaster.
- Your loan balance or monthly payments increased at the time of or immediately after the disaster.
For More Information, Contact Preston Law Offices Today
If you made payments on a FFELP student loan while you lived in California after 2020, your rights may have been violated. Preston Law Offices will evaluate whether you are eligible to participate in a class, explain your options, and work to force student loan servicers to change their illegal and harmful practices. Since 2009, Preston Law Offices has represented individuals and small businesses in a broad range of class actions, focusing on borrower rights, privacy, and unfair trade practices. Courts have appointed Preston Law Offices as lead class counsel, and Preston Law Offices has obtained recoveries for hundreds of thousands of class members. To learn more,
contact us today. We will evaluate your situation to determine whether you have a case.
