Pilot training loan repayment (New Jersey)
10-07-2020, 03:41 PM
#1
Gets Weekends Off
Thread Starter
Joined APC: Jan 2017
Position: Pilot
Posts: 516
Pilot training loan repayment (New Jersey)
I started working for a FAR 135 company earlier this year which I now dislike and regret. Quite frankly, I'd rather be unemployed and poor.
Unfortunately I signed a "pilot training loan" at the beginning of my employment. In the state of New Jersey, are these agreements legal and enforceable?
It's not a training contract, but a "loan" for my training. It seems like I'm liable for what I initially agreed to, just wondering if there is any legal caveat for this stuff. It's my fault, I didn't do my homework and I'm being taken advantage of.
Thanks for the replies.
Unfortunately I signed a "pilot training loan" at the beginning of my employment. In the state of New Jersey, are these agreements legal and enforceable?
It's not a training contract, but a "loan" for my training. It seems like I'm liable for what I initially agreed to, just wondering if there is any legal caveat for this stuff. It's my fault, I didn't do my homework and I'm being taken advantage of.
Thanks for the replies.
Last edited by AntiPeter; 10-07-2020 at 04:02 PM.
10-08-2020, 01:31 AM
#2
Super Moderator
Joined APC: Jun 2006
Posts: 3,945
Do you really want to be looking for a flying job right about now? I’d do my best to find happiness especially since you willingly signed a contract. The best time to find a job is while you still HAVE a job.
A wise sailor once said “any port in a storm.”
A wise sailor once said “any port in a storm.”
10-08-2020, 02:50 AM
#3
Gets Weekends Off
Joined APC: Dec 2018
Posts: 337
Originally Posted by AntiPeter
I started working for a FAR 135 company earlier this year which I now dislike and regret. Quite frankly, I'd rather be unemployed and poor.
Unfortunately I signed a "pilot training loan" at the beginning of my employment. In the state of New Jersey, are these agreements legal and enforceable?
It's not a training contract, but a "loan" for my training. It seems like I'm liable for what I initially agreed to, just wondering if there is any legal caveat for this stuff. It's my fault, I didn't do my homework and I'm being taken advantage of.
Thanks for the replies.
Unfortunately I signed a "pilot training loan" at the beginning of my employment. In the state of New Jersey, are these agreements legal and enforceable?
It's not a training contract, but a "loan" for my training. It seems like I'm liable for what I initially agreed to, just wondering if there is any legal caveat for this stuff. It's my fault, I didn't do my homework and I'm being taken advantage of.
Thanks for the replies.
10-08-2020, 08:18 PM
#6
Gets Weekends Off
Joined APC: Feb 2006
Position: B-737NG preferably in first class with a glass of champagne and caviar
Posts: 5,912
Originally Posted by AntiPeter
I started working for a FAR 135 company earlier this year which I now dislike and regret. Quite frankly, I'd rather be unemployed and poor.
Unfortunately I signed a "pilot training loan" at the beginning of my employment. In the state of New Jersey, are these agreements legal and enforceable?
It's not a training contract, but a "loan" for my training. It seems like I'm liable for what I initially agreed to, just wondering if there is any legal caveat for this stuff. It's my fault, I didn't do my homework and I'm being taken advantage of.
Thanks for the replies.
Unfortunately I signed a "pilot training loan" at the beginning of my employment. In the state of New Jersey, are these agreements legal and enforceable?
It's not a training contract, but a "loan" for my training. It seems like I'm liable for what I initially agreed to, just wondering if there is any legal caveat for this stuff. It's my fault, I didn't do my homework and I'm being taken advantage of.
Thanks for the replies.
10-09-2020, 08:03 AM
#9
Perennial Reserve
Joined APC: Jan 2018
Posts: 11,501
Originally Posted by TiredSoul
Rather be unemployed then building experience to move on when all this is over....smh
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