If you've received a lawsuit regarding a tuition debt owed to New York Institute of Technology ("NYIT") you might have a number of important questions such as:
- Why are they suing me?
- Do I really owe the amount they claim?
- What defenses do I have to fight this lawsuit?
- Can I dispute the debt and demand proof?
- How can I settle this debt for less then what I owe?
It's important that you understand that you have options, but, you must take action promptly. Lawsuits in New York must be answered within an allotted period of time, as proscribed by the rules of civil procedure. Failing to answer timely can expose the borrower to entry of a default judgment, which can then result in adverse consequences such as wage garnishment, bank levy, and liens.
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Recent Results with NYIT Lawsuits
We represented a client that accrued a tuition debt of about $23,500. NYIT hired the the law firm of Eric Streich to bring a lawsuit against the borrower in New York Supreme Court. The lawsuit alleged multiple causes of action, including breach of contract, unjust enrichment and accounts-stated. Our attorneys asserted an answer with numerous potential defenses. After analyzing the case details and conducted multiple rounds of negotiations, our attorneys were able to achieve a settlement of $9,000 to be paid at $750 per month, with no additional interest during the repayment period. Not only was the client able to reduce their debt by over 60%, they were able to repay it in an affordable payment plan and avoid the expense and hassle of further litigation.
When reading the above, it's important to keep in mind that results vary on a case by case basis. However, regardless of the case, we always strive to achieve the best deal possible under the circumstances. We determine a strategic plan on a case-by-case basis and are prepared to zealously fight cases as necessary.
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Or Call Today: (888) 301-0584
Fighting NY Institute of Technology Lawsuits
NYIT has discretion to bring lawsuits on debts that remain uncollected. Their intention is either to obtain a judgment, or otherwise encourage the borrower to repay the debt. The claims are usually premised upon unpaid tuition bills and attendance charges.
When answering such a lawsuit, it is important to include all affirmative defense that may be viable. This may include alleging that the balance was already paid, or it was miscalculated, or that you have no nexus the Plaintiff, New York Institute of Technology. During the pendency of the lawsuit, you may demand evidence to help substantiate whether the claim is valid. Ultimately, if you recognize the claim and the amount, you may seek to enter into a repayment plan or a settlement to repay less then the full balance.
How Can a Lawyer Help?
At the Law Office of Simon Goldenberg PLLC, our student debt lawyers understand the agita and stress that a lawsuit can cause. We know that it is rarely the borrower's intention to be in such a predicament, and that most people are scrambling to find a solution that fits their needs. We do not try to squeeze our client into a "one size fits all" solution. Rather, we take time to understand our client's unique circumstances and cater our representation accordingly.
Need help with NY Institute of Technology lawsuits? Contact us today.
Call the Law Office of Simon Goldenberg, PLLC at (888) 301-0584 for a case evaluation.