CIT Bank Student Loan Discharged in Bankruptcy

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 …

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Coronado Student Loan Trust Agrees to Discharge Loans in Bankruptcy But Wait, There’s More

Here is an interesting development with student loans held by the Coronado Student Loan Trust. In December 2018 a consumer filed an Adversary Proceeding to attempt to have their private student loans forgiven. See filing here. The debtor stated they owed $132,652 and future payments would create an undue hardship so the loans should be …

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Coronado Student Loan Trust Private Loans Discharged in Bankruptcy

A bankruptcy Adversary Proceeding was filed in December of 2018 and one of the parties named in the action was American Educational Services. The consumer said they had $132,652 in private student loan debt that American Education Services was servicing. The underlying creditor was said to be Coronado Student Loan Trust. On March 19, 2019, …

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