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I have a student loan debt from 2010 that got lost over the past few years while I was getting divorced, moving and resettling down. The account from the University was not really a loan at all, it was two terms of deferred tuition and fees that I simply could not pay during my divorce. It is simply a debt owed to the University I attended. The University sent it out for collection with Conserve Collection Agency. I verified the debt from the University and they verified $5310.13 which was one account, one amount owed to the University. Conserve wants $7080.17 original amount + fees. However they are reporting 4 separate accounts on all three of my credit reports with amounts of $3132.00, $480.00, $3132.00 and $335.00....which totals the balance of $7079.00. Is this a violation for them to break up this account and report it in this way? It takes one negative tradeline on my reports and turns it into twelve. Thanks for any help.

Hello all, I am attempting to tackle my defaulted student loans this Monday and I was looking to get some advice before starting. I had a loan through Direct Loans and it was deferred. After deferment I did not make payments and it went to default. They sold it to a company in NY called Conserve who have been attempting to contact me. I am currently unemployed but I recently got a freelance job which pays me $200 a month. I want to enter rehabilitation. My loans are ~15k but with interest and fees I owe ~21k. I know that rehab is typically 1% of what you owe but I cannot afford that. I feel like I've read that rehab payments can be as though as $50 and I'd like to get that. It wouldn't put a dent in my loans but it would allow me to start the rehab clock while I secure full time employment. Is there any way to reduce the 4,200 in fees? What kind of guarantees do I need to get beginning rehab? I know I should document all interactions, does that include recording phone calls? How fast can I get it started? I'd like to make my first payment in April if possible. After I complete my 9 payments what happens to my loan? Does it transfer from Conserve back to Direct Loans? Or to someone else? What do I need to do to make a smooth transition and get the default removed from my credit ASAP after that final payment? Anyone who has completed rehab: what should I know that I didn't ask about? I'm very nervous about this since I assume that Conserve is not operating in my best interests. Thank you for any help you can provide.