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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