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I Just Finished a Chapter 13 Bankruptcy But Have Parent PLUS Student Loans and National Collegiate Student Loan Trust

Question: Dear Steve, Just got out of Chapter 13 Bankruptcy (finished all five years faithfully). NOW am getting tons of student loan (Parent Plus) for my two kids. I lost my job over a year ago and was forced to take early social security at 62. Could NOT find a job I could do. I …

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National Collegiate Student Loan Trust Loans Are Fundamentally Problematic

Attorney Richard Gaudreau unloaded on the issues facing consumers with National Collegiate Student Loan Trust loans in a recent piece on Huffington Post. Gaudreau expanded on many of the same arguments I’ve raised about this pool of toxic student loans. But Gaudreau added some new information that is very interesting. Having represented consumers in suits …

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How Can I Stop My National Collegiate Student Loan Wage Garnishment?

Question: Dear Steve, I went to college as a nontraditional student, but was not financially very smart. I am married with 2 kids and it seemed like the best solution at the time to take out the loans. My college hours and radiology program that I was in was very time consuming and demanded dedicated …

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National Collegiate Student Loan Trust Loans are a True and Utter Mess Maybe People Don’t Owe

Question: Dear Steve, I started receiving wage garnishments from my paycheck come to find out its National Collegiate Student Loan. They contacted me about the debt and the repayment plan. I asked them to send me a copy of the original signed loan documents and any payment history on the account so I could verify …

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How Can I Deal With My National Collegiate Student Loan Trust Loan I Got Sued Over?

Question: Dear Steve, I have both private and public student loans. I am currently paying on both and am current. However, at one time I was not and on my private student loan – which was through National Collegiate Loan and Trust, I was sued by the firm Blitt and Gaines, PC. However, we settled …

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Are My National Collegiate Student Loan Trust Loans Expired and Not Collectible?

Question: Dear Steve, Son has private student loan. National Collegiate Student Loan Trust is now suing him. He took out loan in 2007 and they sued him a couple of months ago. When does the Statue of Limitation run out private student loan in California? When does Breech of Contract occur? If you have not …

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Mother Wins Bankruptcy Discharge of National Collegiate Student Loan Trust Student Loans

A Los Angeles bankruptcy judge ordered student loans to be discharged on July 6, 2015 because they did not qualify as education loans under 11 U.S.C. 523(a)(8). Judge Neiter, United States Bankruptcy Judge in the Los Angeles Division of the Central District of California, presided over the adversary proceeding case no. 2:14-ap-01722-RN, Schwartz v. National …

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Why Your Student Loan Debt Might be Bogus and Uncollectable

Over the past decade we’ve seen a number of scandals floating around debt ownership and robosigning. That’s the process where creditors swear they are the real owners of a particular debt but can’t actually produce the proof when pushed to. And sense most consumers fold up into a ball and mostly never fight back when …

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What to Do if Sued by National Collegiate Student Loan Trust for Not Paying Private Student Loans

Question. What are my options if I have been sued by National Collegiate Student Loan Trust? Answer. Getting served with a lawsuit isn’t an enjoyable experience. If you aren’t familiar with the legal process, it can leave you confused, anxious and overwhelmed. I have spoken with a fair number of people that have been sued …

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