Connect with us


Gregory Fitzgerald of Fitzgerald & Campbell Sheds Light on Misleading Article Regarding Student Loan Statute of Limitations

The onset of the pandemic sparked a global crisis that has affected several areas of people’s daily lives, creating new problems and adding to the ones already on everyone’s plate. Among the doubled problems are debts, with student loans becoming one of the most significant issues today. With questions raised regarding the statute of limitations (SOL) on student loan debt, Gregory Fitzgerald of the Fitzgerald & Campbell law firm has addressed some major concerns. 

In early August 2021, lender SoFi released an article titled “Is There a Statute of Limitations on Debt?” While the article provided some insight, it also released some statements that seemingly went too far, such as “And some debts, like student loans, are not subject to statutes of limitations.” Fitzgerald disputes the statement, saying that private loans are most definitely subject to SOL. The lawyer also found other incorrect statements, describing them as reckless and misleading, if not deceptive. 

“SOLs do not apply to federal student loans because the federal government does not file lawsuits to forcibly collect amounts due,” he said, “The federal government does not need to file suit to forcibly take a debtor’s money. In addition, the feds can obtain wage assignments and other payment enforcement mechanisms without going to court at all. Hence, lawsuits and SOLs have no application to them.”

Fitzgerald has been working hard to debunk many of what the article states, trying to prevent unsuspecting customers from making payments after the SOL has expired. Misinformation has caused debtors with no access to competent and affordable legal counsel to be overwhelmed with pressure to turn to lenders refinancing their loans and making enormous profits for themselves. “Asking your creditor for legal advice is like the chicken asking the wolf, ‘When is dinner time?’” said Fitzgerald. 

Gregory Fitzgerald is one-half of the co-founders of the law firm Fitzgerald & Campbell. Initially starting a career as a IRS tax auditor, Fitzgerald would later shift his focus on law, graduating first in his class at Southern California College of Law in 1990. He would begin his legal career at a small criminal defense firm before opening his own firm in Orange, California. There he moved to represent individual clients from debt to injury to criminal defense to tenancy and more. Fitzgerald would later move to Santa Ana, expanding his practice to provide legal services to small businesses. 

In 2006, Fitzgerald accepted a position at The Seideman Law Firm, P.C., a firm that focused on consumer rights. There he played a role in creating, instructing, and managing a nationwide team of lawyers that combated collection abuses, defended collection lawsuits, and resolved  debt. After seven years with the firm, Fitzgerald left to partner with veteran-turned-lawyer and former prosecutor William Campbell, creating Fitzgerald & Campbell, a professional law corporation dedicated to becoming California’s premier consumer debt protection law firm. 

Fitzgerald & Campbell is a firm that is dedicated to debtor’s rights, protecting consumers and small businesses from creditors and resolving client debts through settlement, litigation, or bankruptcy. The firm consists of six lawyers and over 30 staff.

With misinformation running rampant in this digital era, Fitzgerald & Campbell are driven to provide clients with the proper information. Having been practicing law for over thirty years and the growing debt problems of all consumers, the co-founders foresee their firm continuing to grow quickly. 

Learn more about Fitzgerald & Campbell by visiting their official website.

Stanley Thompson has a degree in Journalism who has a strong journalism background and vast experience editing and selecting stories for digital content platforms. He was able to drive and generate effective content for a variety of audiences, including premium news events and editorial coverage.

Advertisement Become A Crypto Expert

Join Disrupt Magazine

Become A Disrupt Contributor

Most Disruptive

Entrepreneurship8 months ago

Navy Veteran Davis Chris Takes the Music Industry by storm

In life, you need to break down anything that might be holding you back and change course if need be...

Entrepreneurship9 months ago

5 Disruptive Leaders Paving the Way in 2021

Where there is uncertainty, lies a whirlwind of opportunity. 2020 was the year that had entrepreneurs learn a great deal...

Politics1 year ago

Brock Pierce Wants To Disrupt The Two Party System And Be Your Next President

We don’t usually cover politics much here at Disrupt, but when Crypto billionaire and friend of the show, Brock Pierce...

Business1 year ago

John Mcafee – Predictions For The Future

John McAfee is a world-famous tech CEO, computer scientist, civil disobedience activist, privacy advocate, and pioneer of the commercial anti-virus...

Finance1 year ago

Gaby Wall Street – Teaching Latinas to Thrive During The Crisis

It’s no secret we are facing one of the most challenging financial times of the last few decades as we...

Entrepreneurship2 years ago

Tony Delgado – The #1 Entrepreneurship Movement In Puerto Rico

Puerto Rican online market is in constant progress. With many entrepreneurs who are coming here to start a business, it...

Entrepreneurship2 years ago

Elena Cardone – The 10X Ladies Conference Is Declaring 2020 The Decade For Women

The next ten years are meant for women to continue growing their potential and succeeding in multiple areas, including business....

Marketing2 years ago

How Josh Elizetxe Built Snow Into a $40 Million Dollar Business

There is nothing quite like an entrepreneur’s determination when starting a business. That’s my original quote by the way (pun...

Entrepreneurship2 years ago

How Jason Capital Became A Self Made Millionaire By 24

Have you ever wanted to earn the respect of everyone who ever looked down on you at some point in...

Entrepreneurship2 years ago

Sam Bakhtiar On His Way To A Quarter Billion

Dr. Saman Bakhtiar, who prefers being referred as Sam, lives in an 8200 square foot $5.2 million house, Sam is...


Copyright © 2020 Disrupt ™ Magazine - Disrupt is a Minority Owned Privately Held Company

Disrupt ™ is the voice of Latino entrepreneurs around the world. We are part of a global movement to increase diversity in the technology industry and we are focused on using entrepreneurship to grow new economies in underserved communities around the world. We enable millennials to become what they want to become in life by learning new skills and leveraging the power of the digital economy. We are living proof that all you need to succeed in this new economy is a landing page and a dream. Disrupt tells the stories of the world top entrepreneurs, developers, creators, and digital marketers and help empower them to teach others the skills they used to grow their careers, chase their passions and create financial freedom for themselves, their families, and their lives, all while living out their true purpose. We recognize the fact that most young people are opting to skip college in exchange for entrepreneurship and real-life experience. This Podcast was designed to give them a taste of that.