Category: Indiana student loan defense
NATIONAL COLLEGIATE STUDENT LOAN TRUST – NCSLT – PER NYT $12 BILLION IN STUDENT LOANS MAY BE UNCOLLECTABLE – But Suits Against Borrowers Continue
Today the New York Times published an article titled: As Paperwork Goes Missing, Private Student Loan Debts May Be Wiped Away. This article finally brings out in the public what consumer lawyers have been noticing for months and even years, that National Collegiate Student Loans Trusts has problems proving that the borrowers and cosigners that it […]
Were You Sued by National Collegiate Student Loan Trust (NCSLT) in Indiana? – Free Case Evaluation
I am interested in reviewing lawsuits filed by National Collegiate Student Loan Trust in Indiana. I am especially interested if there is a cosigner involved. I will be happy to review your documents at no charge and to discuss them with you. Send your documents to hoferlawindyATgmail.com. (replace the “AT” with the “@”.) If we […]
An Excellent Q&A on Student Loans
Three of my NACA colleagues, Jay S. Fleischman, Joshua R.I. Cohen, and Adam Minsky, who practice mostly related to stduent loans, hosted a live question and answer session this week. They recorded the session and posted it to Youtube. I have mixed feelings about student loan cases. On the one hand, with student loan debt […]
Are you getting dunned for student loans on a college that closed or lost its accreditation?
I got a call from a former student of Ivy Bridge College, a college that lost its accreditation and closed in 2013. She is still being dunned for money. Borrowers often have defenses to these loans, but the defenses are often situation-specific. If you are being dunned for money on a loan for a college […]
If You Are Sued by Educap Please Contact Me – Even IF You Aren’t in Indiana
Private student loans cannot be discharged in bankruptcy if the loan is originated by a not-for-profit company (I’m oversimplifying but this is the gist.) Educap has created quite a niche for itself by being technically not-for-profit but still being lucrative for its principle players. See this CBS news story. Educap has been suing student loan […]