A little more information trickled out about a recent private student loan discharge in a bankruptcy Adversary Proceeding.
The loans involved the Coronado Student Loan Trust which I’ve written about before.
In the final court document, it is disclosed that DBRS, Inc. was doing business as FCDP PSL Trust but the loans in question were originally labeled as belonging to CIT Bank.
The unpaid student loan with a balance of $136,108 was agreed to be dischargeable in bankruptcy. The ultimate defendant was said to be Coronado Student Loan
Trust 2018-3 PSL SLX.
So as you can see, some private student loans are actually eliminated in a bankruptcy filing.
Loading...
Reload document
Open in new tab 
Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.
Latest posts by Steve Rhode (see all)
- How to Get Your Federal Student Loans Forgiven if You Go to Prison - May 17, 2022
- I Can’t Pay My Online Payday Loans - May 17, 2022
- There is More to Forgiving Student Loans Than Either Side is Talking About - May 16, 2022