<prompt> Human: EDIT: Thank you so much for all the feedback. I had my doubts, but everyone here helped me solidify my thinking. Definitely not going through with it now.I recently was looking into consolidation loans for my private student loans approx. 100k worth. Long story short, my credit isnt good enough to get one by myself. The company that I was working with gave my information to one of their partners, who called me to talk about their Student loan defense service. Basically, what they do is hire a lawyer for you to force the holders of your private student loans into proving that they have followed all compliance laws etc and that they have the legal right to collect your loans. They made no promises, but said that it can result in one of three possible outcomes.1. The loan companies are fully compliant, and the lawyer stops collecting any further fees.2. The loan companies offer a settlement for a lower amount, the lawyer ties up any needed paperwork, and then stops collecting fees.3. The lawyer takes the companies to court and is able to completely nullify your student loans. The lawyer then collects a fraction of the total amount in reasonable payments at 0 interest.In all cases, the lawyer works to fix your credit afterwards so that the process does not negatively affect your score and credit report.In my situation, theyve quoted me 37k that I would owe the lawyer IF they are able to completely nullify my loans. I would pay 515 per month over the next 6 years to pay it off. If they are not able to nullify the loans, Ill pay the 515 per month until the lawyers services are completed and owe no more. Theyve told me that if it goes to court, it could be a few years before they are able to tie the situation up fully. Theyve advised me that while theyre going through the process, I should discontinue payment of my loans.Has anyone heard of this before? I dont want to sign my soul over for something that ultimately is just a long-term scam without getting some feedback from an outside source first. I did some digging around for the name of the company that called me and didnt come up with anything. At the same time, if this IS legit, and it works out, it will SIGNIFICANTLY improve my quality of life. As it stands, Im paying 1200month JUST on student loans, and my net income is roughly 1600month. I cant pass up that kind of help.Anyone have any idea?For the record, my credit score was about 620 on the report that the initial loan company checked, and Creditkarma.com has it pegged at about 580.  <response>: Given how difficult it is to discharge student loans, Id say outcome 1 is by far the most likely. Which would mean you pay them a couple months of fees where all they likely do is send out a few stock letters and gain nothing meanwhile missing a ton of loan payments and having more interest accumulating.Whats the specific name of this company? Id highly recommend Googling around... I think its very like you find either overwhelmingly negative feedback, or no feedbackinformation whatsoever. Very risky, Id suggest staying away.Edit: Also, who were you talking to about consolidation? Theres a number of scam services out there that try to charge you fees for consolidating your loans for you. Really, if you want to try to consolidate your private student loans you should always talk to banks directly, not work through any service. It wouldnt really surprise me if a consolidation scam and a student loan defense scam worked together. I cant imagine a bank would refer you to such a service. 