Credit Card Center Advertiser Disclosure

Valued Member
Posts: 48
Registered: ‎04-23-2017
0 Kudos

HELP!! ECMC is forcing me to sign or default

ECMC is threatening me with "default" for my loans that are in active deferment till Oct., if I do not "acknowldge the debt" within 30 days. I am post BK and had plans to file a motion with BK court to try to get my loans IIB if needed. Any advice would be greatly appreciated or info on the best way to protect my interest and my credit.



Backstory: Received BK discharge 2/2/17. Been rebuilding ever since. Both before and after discharge 100% of my debt was $50,000 in federal student loans. I believe I had a good chance to get them IIB, however our attorney advised me to try other programs FIRST. He said I could always file a motion to try to get the loans IIB later if I am unsuccessful with lowering my student loan debt. 


In May I submitted a discharge False Certification/Disqualifying Status app to ECMC. 


Even with proof of the disqualifying status, even with public knowledge of the school's reputation and legal troubles for repeated offenses of "falsifying eligibility of student loans for those who did not qualify" during the time I received the loans, and even showing the school "failed to perform steps to verify eligibility" they are required to even participate in the student loan program....ECMC denied my request.


I appealed their denial hoping DOE would "overturn" ECMC's decision. Of course, the DOE denied it as well, basically summariazing the same lame reasoning ECMC gave me (practically word for word).


Outcome: ECMC is now threatening me to force me to sign a "debt acknowledgement" form by October 3, 2017. Even though my loans are currently in "deferement" until October 2017, ECMC's letter states they will "instruct your lender to file a default claim; any deferment the lender has placed on your loans will no longer be honored." Navient is my lender. ECMC is the guarator.



I am afraid if I sign this False Certification Appeal Response form that "acknowledges the debt" will that reage the debt and prevent me from filing a motion to have my student loans IIB. Does anyone have any experience with this or BK laws regarding student loans? I do have a student advocate at Navient the DOE assigned to work with me after I filed a complaint against Navient, however, I am not expecting her to have my best interest at heart if I bring up including my loans in bankruptcy.

Sep 2017: EQ 676, EX 667, TU 645. V8 - EQ 680, TU 670.
UTi: 1% ($15).

Rebuilding Ch. 7 BK.
Feb ’17 EX 664, EQ 637, TU 612

Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
‡ Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.