Many of you may have recently read the recent New York Times article regarding the $18 billion in student loans currently owned or serviced by National Collegiate Student Loan Trust, and its various hydra-headed offshoots.
For those of us that have been practicing in the relatively narrow field of student loan collection defense, the comments in the story have confirmed what we have all long believed to be the case…
National Collegiate Student Loan Trust may not have
the documents to support the lawsuits filed
against the people it is suing
So what does that mean for you?
Can you just sit back and relax if and when you are served with such a law suit? Will the judge take the New York Times’ word for it that National Collegiate Student Loan Trust doesn’t have the required documents or proof? Will the judge simply dismiss the cases he or she sees from National Collegiate Student Loan Trust?
The answer to these questions is a resounding “NO!”
You must take active measures to protect yourself
(and likely your loved ones that co-signed and are also being sued) from waiving your rights.
While we cannot guarantee any particular outcome to our clients, we have experienced remarkable success in defending these cases for our clients. Of important note is the fact that our successes have not only been related to National Collegiate Student Loan Trust cases, we have defended cases from several different private student loan collection groups, and have seen nearly universal success in those cases.
To date, we have saved our clients more than $275,000.00 in potential student loan debt!
Have you, a friend, a family member, or work associate recently been sued for an alleged private student loan debt? An attorney in our office would be pleased to sit down and meet with you to discuss your options.