
Quoting
Rosalynn200
I assume you have $60k at about 10.5% and $30k at about 6.8%, right? If you are working and default and a judgment is issued against you and then a garnishment order was issued, my belief is that you would be forced to pay about 25% of net disposable which is roughly about 10% gross, give or take. So are you making about $70-90k/year? You could ask Citi for a forebearance, but of course that adds to your debt. Worse case if you don't pay for a year, you would add about another $6,000 which you could amortize over 20 years. What is your current job and what are your job prospects? Out of curiousity, why did you take on $90k for a job? I looked at the Citi debt calculator site and they provide a pretty good estimate of what a borrower's monthly payments would be based on interest rates. Do you feel as if you were deceived somehow?
Personally, I think you should try to treat each loan as if it was a credit card and focus on paying off one and then another.