Call today for a consultation 501-588-4451

Robertson, Oswalt, Nony & AssociatesCall today for a consultation

Robertson, Oswalt, Nony

Due to precautions related to COVID-19, we have expanded our options for remote consultations. Please contact our office to discuss whether a full phone consultation or video conference is appropriate for your situation.


Making a


Difference In Your Life

Confronting, seeking to deal purposefully with student debt

On Behalf of | Jun 7, 2017 | Firm News, Personal Bankruptcy

When addressing the subject of severe financial challenges and related dislocation suffered by legions of individuals and families across the country, many media articles and reports portray what might reasonably seem to come across as a three-headed monster.

Namely, that is this: the triple scourge of medical debt, credit card-related exactions and student loan indebtedness.

Today’s blog post take a look at the latter challenge.

Although there is certainly widespread appreciation in Arkansas and nationally that legions of consumers are encumbered by educational debts, many Americans might not truly realize the sheer extent of what can clearly be labeled as a significant problem, if not a national crisis.

Consider this, as noted in a recent spotlighting of consumers saddled with high student-loan balances: Reportedly, and on average, “more than 3,000 borrowers default on their federal loans every day.”

Candidly, that is a hard reality to fathom, and something that yields flatly adverse repercussions for the national economy.

And there is no dearth of further statistics and empirical evidence to hammer home the point that high exactions surrounding student loan obligations are driving legions of people close to the abyss — or to the very point — of financial ruin. It is estimated that about 44 million Americans have collectively amassed well more than $1 trillion in debt extended by federal agencies.

The above-cited media underscoring of the problem notes the obvious need for underwater consumers to reach out for help and regain financial traction and a fresh start free of onerous debt-related obligations.

A proven legal team commanding strong experience helping diverse clients work their way through debt challenges can be an ally in that process.

Onerous debt exactions sometimes spell adverse reality in life.

Saddled consumers can feel reasonably empowered knowing that viable strategies can be pursued to proactively respond to stark challenges and to make things better.


Here when you need help. Call 501-588-4451 to set up your consultation

Hear From Our Clients

“Our attorney showed an immense amount of care while working quickly, efficiently, and effectively… We are back on track in our lives because of you.”