My student loan debt starred in night of the living dead

My student loan debt starred in night of the living dead

Thank you for the time you've taken to answer my questions. This is a defaulted student loan follow up question in regards to https://consumerrecoverynetwork.com/question/student-loan-debtthats-12-years-old-its-off-my-credit-reports-but-with-collection/

I've taken your advise and logged into the student loan database and show that I owe absolutely nothing on any type of loan whatsoever. The records do go back to 1998, all the way up until 2006, so the information is definitely good...

Given the fact that it's off my credit report from all 3 bureaus, there are zero references from the student loan database, and I haven't had my wages garnished and tax refunds taken (to clarify I went to this private university in 2000), could I be one of the lucky few that this could be a zombie debt?

To be honest, my parents have paid off all the student loans (god bless them) during the school year (1999-2000) as they were the cosigners from the private university I went to. I'm sure that if I did default on the loan, they would have went after my parents as the cosigners.

Could I be one of the lucky few to have really old student loans slip through the cracks?

—Patrick

It is completely possible that the student loan debt you have is zombified  – without the ability to get hold of, and eat you.

Without federal backing some of the collection teeth (withholding income tax refunds), on this student debt zombie are missing.

The negative credit reporting time will have expired extracting a few more teeth (pressure to pay in order to restore and rebuild your credit score).

The SOL expiration would pull what teeth remained (no ability to enforce student loan debt repayment like the government means you would have to be sued and a judgment entered).

This may indeed be a toothless student loan debt zombie. No risk of injury if you dance with it. Just looks ugly.

If your parents paid off these loans to your knowledge, could this collection be in error?

I forgot to turn the comments on in the other thread you linked to above. I will go turn them on there and have done so below.

About Michael Bovee

Michael started CRN in 2004 with a mission to provide people in need with detailed debt and credit help and education. Michael has participated as an expert panelist in federal consumer protection rule making, collaborated on state law changes governing debt consolidation, has worked as an expert witness in court matters related to the debt relief industry, and is a regular contributor to several personal finance websites.