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

You need to know your options if you have been sued by National Collegiate Student Loan Trust in North Carolina.  Many consumers don’t know who National Collegiate Student Loan Trust is even after they have been sued.  A student loan goes into “default” when the borrower cannot pay the loan payments anymore.   The loan is …

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 …

ITT Technical Institute Closes Down Two San Diego Schools

Thanks to a U.S. Department of Education investigation, ITT Technical Institute announced earlier this week that it is closing 130 locations, including the San Diego schools located in National City and Vista. ITT Tech closing has left many students reeling, especially those expecting to finish up their final term, beginning September 12.  Why did this …

Are Student Loan Debt Relief Companies A Scam?

I just read an article on thestreet.com about student loan debt relief companies. The article casts doubt on companies that may be preying on desperate individuals seeking relief on their federal student loans. Here’s a link to the article. https://www.thestreet.com/story/13676831/1/student-loan-debt-relief-companies-capitalize-on-borrower-confusion.html Are The Student Loan Debt Relief Companies A Scam? The article discusses that these companies …

Can I Really Represent Myself Instead of Hiring a Student Loan Lawyer?

Anyone can learn the law and defend themselves in a civil case (excluding some small claims courts), so the answer is yes.  And anyone can negotiate a debt settlement, as long as you educate yourself thoroughly.  Keep in mind that the plaintiff’s attorneys have vast resources at their fingertips and are ready to use them …

Student Loan Debt Help For Teachers

It’s true what they say, “Real Heroes Don’t Wear Capes, They Teach!”  Teachers are the backbone of our education system.  They put in long hours, their patience is tried daily, they often use their own money for school supplies, and they educate the youth of America. Unfortunately, there is a need for student loan debt …

4 Tips for Settling Your Debt Lawsuit with a Debt Settlement Before It Goes To Trial

When you cannot pay your credit card bills, student loan debt or other kind of debt, your debt will grow with accruing interest, your credit will suffer, and the debt collectors could start contacting family, friends and employers to find you.  The end result will likely be that your creditor will file a lawsuit against …

8 Tips For Dealing With Student Loan Debt After Graduation

Graduation is upon us!  Many new college graduates will be confused about what to do if they are graduating with student loan debt. According to higher education and student loan expert Mark Kantrowitz, among the 70% of students who will graduate with student loans, the average amount of student loan debt for a 2016 graduate …

Loan Rehab Program For Federal Student Loans

You never expected to end up in over your head when you applied for federal student loans, but circumstances have a way of working out differently – and now you’re in default on payments. Fortunately, you have options such as student loan forgiveness to move out of default, get back on track with monthly payments …