In the matters of
SLM Private Credit Student Loan Trust
v. K.W., two lawsuits were brought in Kings County Supreme Court against a New
York defendant by the law firm Forster & Garbus, LLP, for private
student loans originated by Sallie Mae.
The Plaintiff,SLM Student Loan Trust filed two separate lawsuits against the defendant for a total of approximately
$98,500.00, which included the principal balance, present interest, and fees.
Although the client had resided at the same address for years, he was never
properly served with the lawsuit, nor was he made aware that a judgment
was entered against him. The defendant was first made aware of the legal
action when he received a
wage garnishment notice from New York City Marshal
Ronald Moses, notifying him that they will order his employer to garnish 15% of his
The defendant reached out to our office to learn his rights. After a phone
Attorney Simon Goldenberg, the defendant retained our law firm to assist him in resolving the judgment
and help him avoid wage garnishment.
Our lawyers drafted an
Order to Show Cause to vacate the judgment based on lack of service, and we further requested that the court either dismiss the action in
its entirety, or restore it to the court calendar so that our client could
have a fair opportunity to fight the underlying claims.
Before the Order was heard by the court, our attorney were able to negotiate
a settlement where our client would pay $30,000 to Forster & Garbus LLP as attorneys for SLM Private Credit, and in
the remainder of the debt would be forgiven and the judgment would be vacated.
With the assistance of our debt relief lawyers, this client was able to:
Save over $68,000, which is
a reduction of nearly 70% to his private student loan debt
Stopped the Wage Garnishment and avoided further risk of Bank Restraint
Eliminated the further accrual of
interest and fees
Vacated the Judgment, which improves his credit score
Our lawyers have assisted many individuals with respect to resolving their
debts, lawsuits, and judgments. Learn more about our experience in dealing
with this particular debt collection law firm by visiting our page dedicated to
Forster & Garbus LLP. Having the assistance of an experienced attorney can make a big difference
in how your matter is ultimately resolved.
Call us for a free evaluation to learn how our lawyers can assist with
resolving student loan debt owed to
SLM Private Credit Trust, Forster & Garbus LLP, or to any other student loan trust or New York
debt collection law firm.
Need help with debt relief?
Learn why we stand out from other law firms.
Call us at (888)-301-0584 for a free phone evaluation.
Our attorneys strive to achieve the best results possible for each and
every client given their own unique situations and the circumstances of
the particular case. Results vary from case to case, and prior results
do not guarantee future performance. Call us for a free evaluation of