#CANCEL FREEDOM DEBT RELIEF FULL#

Please note that the processing of your application may be delayed while HESC works to resume normal operations. Payments are available for up to 24 months. Any questions regarding potential tax implications should be directed to a tax professional, the Internal Revenue Service, or the NYS Department of Taxation and Finance. Recipients will receive a 1099 form, issued by the NYS Office of the State Comptroller, reflecting the total loan forgiveness payments made for the tax year. Note: Any loan forgiveness award payment made on your behalf may have tax implications. Award AmountsĪ recipient receives a maximum of 24 payments equal to the amount of the monthly federal repayment plan payment, provided the recipient continues to meet the Program’s eligibility requirements. Department of Education’s National Student Loan Data Systems (NSLDS) for details about your federal student loans and servicers.

If you are unsure about your loan information, visit the U.S. If you have multiple federal loans, you may have multiple loan servicers.

be in compliance with the terms of any service condition imposed by a NYS award.Įligible student loans include federal loans in the federal Income Based Repayment plan at 10% of discretionary income, the Pay as You Earn plan, and the Revised Pay as You Earn plan.

be current on the repayment of any NYS award and.

be current on all federal or NYS student loans.

have an adjusted gross income of less than $50,000.

have a primary work location in NYS, if employed.

be enrolled in the federal Income Based Repayment plan at 10% of discretionary income, the Pay as You Earn plan, or the Revised Pay as You Earn plan.

apply for this program within two years of receiving an undergraduate degree.

have earned no higher than a bachelor’s degree at the time of application.

have earned an undergraduate degree from a college or university located in NYS in or after December 2014.

have graduated from a NYS high school or received a NYS high school equivalency diploma.

be a legal resident of NYS and have resided in NYS for 12 continuous months.

The NYS Get on Your Feet Loan Forgiveness Program provides up to 24 months of federal student loan debt relief to recent NYS college graduates who are participating in a federal income-driven repayment plan whose payments are generally capped at 10 percent of their discretionary income. © 2023 Century Support Services, LLC | All Rights Reserved.HESC is pleased to announce that the GOYF Program Application is now available. We do not discriminate on the basis of race, color, religion, sex, marital status, age, disability, national origin or ancestry.Ĭentury Support Services, LLC holds various state licenses found in the Nationwide Multistate Licensing System (NMLS). However, negotiated settlements we obtain on your behalf resolve the entire account, including all accrued fees and interest. The use of debt resolution services will likely adversely affect your creditworthiness, may result in you being subject to collections or being sued by creditors or collectors and may increase the outstanding balances of your enrolled accounts due to the accrual of fees and interest. Read and understand all program materials prior to enrollment.

#CANCEL FREEDOM DEBT RELIEF FULL#

Please contact a tax professional to discuss potential tax consequences of less than full balance debt resolution. Our service is not available in all states and our fees may vary from state to state. Call Freedom Debt Relief’s customer service number at 86 and tell the representative that you want to cancel your contract.

We do not assume your debts, make monthly payments to your creditors using our own funds or provide tax, bankruptcy, accounting or legal advice or credit repair services. If you’re unhappy with the service you’ve received from Freedom Debt Relief, you have the right to cancel your contract.

We do not guarantee that your debts will be resolved for a specific amount or percentage or within a specific period of time. Our estimates are based on our own professional experience and prior achieved results, which will vary depending on your specific circumstances. Not all clients are able to complete our program for various reasons, including their ability to save sufficient funds. Clients who make all their monthly program payments pay on average 50% of their enrolled balance before fees, or 68% to 75% including fees, on average within 24 to 48 months.

Cancel freedom debt relief