Quote:
Originally Posted by CPimp
I'm pretty sure they have been sold to a third party. Whether it was simply a transfer to another government collector or a private collection firm is beyond me, but the loans were taken back in 2005/early 2006 and have been put in forbearance for a couple years and I have been unable to pay on them at all since I took them...
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Their usual path is to keep them in-house, but pass the debt to a collector to manage - usually General Revenue. They're still actually owned by Salle Mae, but you rarely hear from them. Probably best off getting in touch with the last company who contacted you about the debt, and finding out from them...
You may have a bit of luck with an ombudsmen. I've heard stories about getting the loans wiped because the original paperwork was lost - but that could just be an urban legend gone a bit wild.