Pilot training loan repayment (New Jersey)
#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.
#2
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.”
#3
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.
#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
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.
#9
Yeah. Especially since 1500 hours as a CFI in 152s is definitely not going to get you hired in the 121 world anytime soon. Not unless you are into doing threesomes with the HR director and chief pilot anyway. Maybe not even then.
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