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Student Loan Companies Don’t Want You To Know This

If you’re being sued for a student loan, you probably think you’ve got no choice but to pay the debt in full.

That doesn’t have to be the case.

If you do nothing, the court will issue a judgment against you for the full amount.

But if you defend the case, you can make the student loan company prove every part of their case.

If they don’t, you stand a very good chance of either winning the case entirely or settling the debt for a very small amount of money.

Our job is to put the student loan company to the test.

Here’s what we do when we defend student loan lawsuits for our clients:

  • Private student loan companies can sue for only a limited amount of time once you go into default on repayment. If they wait too long, the loan becomes unenforceable.
  • Companies such as National Collegiate Student Loan Trust aren’t lenders, servicers or guarantors of your loan. Instead, they are trusts that contain private student loans packaged and sold as investment vehicles.
  • National Collegiate Student Loan Trust often can’t prove that it owns your student loan.
  • Private student loan companies are more likely to settle a case if you fight back.

You Need To Act Fast

The minute you get a copy of the Summons and Complaint, your time begins to tick down – fast.

You must file and serve a response with the court within a short period of time.

Under California law, you generally have 30 days from the date you are served (40 days if you were served by mail or through someone else at your home or place of business) to file a response with the court (that includes weekends and court holidays).

If you don’t file your response on time, the creditor can get a default judgment against you.

That judgment allows the creditor to seize your bank accounts or assets, garnish your wages, file a lien against your home, and more.

And once that happens, there’s not much that can be done to stop the creditor from ruining your financial life for a long time.

Calling the Student Loan Company’s Lawyers Won’t Protect You

The only thing that protects you against a judgment is filing a timely response with the court. If you fail to do that, the student loan company can take a judgment against you.

Calling the student loan company or their lawyers doesn’t stop the lawsuit from continuing against you. The student loan company’s attorneys know this, and may tell you otherwise – but don’t be fooled.

Why You Have A Better Chance Of Winning Than You Think

  • Private student loan companies can sue for only a limited amount of time once you go into default on repayment. If they wait too long, the loan becomes unenforceable.
  • Companies such as National Collegiate Student Loan Trust aren’t lenders, servicers or guarantors of your loan. Instead, they are trusts that contain private student loans packaged and sold as investment vehicles.
  • National Collegiate Student Loan Trust often can’t prove that it owns your student loan.
  • Private student loan companies are more likely to settle a case if you fight back.

Meet The Lawyer Who Teaches Other Attorneys How To Battle Student Loan Companies

Defend Your Student Loan Lawsuit!

Get in touch and let's talk before it's too late.
 

I was a student loan lawyer long before before most people ever heard the term.

I’m the first student loan lawyer practicing in both Los Angeles and New York (you can find out more about me by visiting my Google profile).

I’m not only a graduate of the inaugural session of the prestigious Student Loan Law Workshop, I’m also a regular speaker at the event.

Teaching other attorneys how to practice in the field of student loan law means I not only understand the complex regulations that govern student loan law, but I am also uniquely able to explain those tough concepts clearly and simply.

How Much Will It Cost To Defend Your Student Loan Lawsuit?

We can defend your student loan lawsuit in one of two ways: a flat fee or a monthly retainer.

If you choose a flat fee, you’re usually looking at about $3,500 plus any court filing fees. We can pay that fee out over a period 10-12 months.

Some people decide to hire us with a monthly retainer because they want to settle the case quickly. For those people, paying us a flat monthly fee is usually going to end up costing them less.

The legal fee covers a review of your overall debt situation (including any other debts you may have outstanding); preparation, filing and serving the Answer; all discovery matters in your case; working with the collection attorneys to reach a settlement of the case if necessary; and filing and arguing any motions to dismiss the case if there’s a reason to do so.

We’ll also look into whether any of your rights under the state or federal collection laws have been violated. If they have, we may sue for money damages on your behalf.

When we talk, we can figure out the best legal fee option for your situation.

Call As Soon As You Get The Lawsuit Papers

From the minute you call, we’ll start analyzing the lawsuit papers to review all possible defenses. We’ll file an Answer on your behalf, and make the lender prove every single element of the case.

That includes making sure of the following:

  • Is the student loan company suing you the proper entity?
  • If this isn’t the company from which you originally borrowed the money, did this student loan lender receive the legal right to collect from you?
  • Is the amount being claimed as due the proper amount?
  • Is the claim so old that it’s legally uncollectible?

We’ll talk about your goals, the possibility of settlement, and whether there’s a realistic chance of you winning the student loan lawsuit.

Once we’ve got a plan of attack, you can rest easy in the knowledge that you’re being protected and represented by student loan lawyers with the experience to do their best work for you.

Ready? Let’s go.

If you’ve got questions about student loans, read the information here to learn more.

Then, if you live in either New York or California, complete the form below or call 866-787-8078 x710 to set up a time for us to talk by phone about your situation.

The charge is only $100, and you’ll walk away with a full analysis of your situation – including how you may be able to help yourself without a student loan lawyer. If we decide to work together, your consultation fee will be credited towards your legal fees.

During our conversation I’ll do my best to explain all of your student loan options, and how to get back in control over your student loan issues.

Of course, this is just the tip of the iceberg when it comes to dealing with federal and private student loans.  We can talk about your situation during a no-obligation phone consultation.  Just click the big button below to get things going.

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Get In Touch With An Experienced Student Loan Lawyer Now!
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