In the Student Loan Debt Crisis, The Debt Collectors Are The Real Winners

Recently NBC San Diego interviewed me and senior member of the House Education and Workforce Committee, Congresswoman Susan Davis, for the investigative report “Student Loan Programs to Help Borrowers Costing Taxpayers” to discuss the student loan debt crisis.  You can watch our video for this blog post below or continue reading below:   In the …

Beware Of Those Making Money Off The Student Loan Debt Crisis

CNBC published an important article on firms who are making money off the student loan debt crisis.   Many debt settlement companies are taking advantage of distressed student loan borrowers who are having trouble paying back their student loans.    Beware of Those Making Money off the Student Loan Debt Crisis In CNBC’s article, they link …

Navient Gives Its 12 Million Borrowers the Middle Finger!

Despite the negative press it has received over the past several years, student loan giant Navient has essentially told its borrowers that it doesn’t have their best interests in mind because they are collectors. This revelation came out in a recent court filing in which Navient is seeking to have a multi-billion dollar lawsuit filed …

How We Saved Our Client Over $100,000 on a Navient Student Loan Debt Settlement

I have a very, very happy client right now, considering I saved her over $100,000 on a Navient student loan debt settlement.  My client in California is in her early 30s, newly married and facing the fact that she owed in excess of $143,000 to Navient for her private student loan.  She had stayed current …

I Co-Signed for a Private Student Loan Owed to National Collegiate Student Loan Trust

Many of my clients are co-signers on private student loans owed to National Collegiate Student Loan Trust.  Most of them are parents who co-signed on their child’s private student loan.  The loan that they co-signed on was NOT originally with National Collegiate Student Loan Trust (NCT), so they are very confused when they receive notice …

Options If Sued by National Collegiate Student Loan Trust in South Carolina

If you are sued by National Collegiate Student Loan Trust in South Carolina, then you need to know your options.  Oftentimes consumers receive notice of a lawsuit filed against them by National Collegiate Student Loan Trust and they have no idea who that is and why they are being sued.  National Collegiate Student Loan Trust …

Options If Sued by National Collegiate Student Loan Trust in Virginia

Have you been sued by National Collegiate Student Loan Trust in Virginia?  Do you know who National Collegiate Student Loan Trust is?  Many who are sued by them do not. When someone cannot pay their student loan anymore, that loan goes into “default”. National Collegiate Student Loan Trust is an entity that purchases defaulted private …

How to Stop a Bank Levy by National Collegiate Student Loan Trust

If you’re wondering how to stop a bank levy by a private student loan lender, such as National Collegiate Student Loan Trust, then you are not alone. National Collegiate Student Loan Trust purchased your student loan a very short time after the loan funded and prior to any payments becoming due. The loans are serviced …

How to Defend a Student Loan Lawsuit from Wells Fargo

I received a call a few months ago from a very worried young man that wanted to know how to defend a student loan lawsuit from Wells Fargo.  He owed Wells Fargo $16,421 in private student loans.  His loan had gone into default, because he could not pay his student loan.  My client, like so …

How to Get Student Loans Out of Default with Loan Rehabilitation

Help!  I live in San Diego and want to know if I can get my student loans out of default with a loan rehabilitation?  I can’t pay my federal student loan to Navient.  My loan is now in default and the US Department of Education is sending their debt collectors after me, I’m afraid of …