Recent Posts in National Collegiate Trust Category

  • National Collegiate and Transworld Fined For Student Loan Violations

    || 3-Oct-2017

    Due to the complexity of the student loan industry and the various types of educational financing available, student borrowers may be confused as to which lender they owe, and how much is due. This confusion can be further exacerbated when a lender or collector is unclear about the details of the underlying debt. The Fair Debt Collection Practices Act is a federal statute that was specifically ...
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  • New Jersey Lawyer Negotiates Student Loan Debt Reductions

    || 4-Sep-2017

    Not sure where to turn for help with student loans? With ever-increasing interest rates, large fees, and complicated payment plans, it's easy to get overwhelmed. When facing default, student borrowers may be subject to a barrage of calls, collection letters, lawsuits, or even wage garnishment. Some people feel paralyzed by the process. Don't sit by and watch catastrophe unfold. There is no ...
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  • Weltman Weinberg & Reis Law Firm Sued For Debt Collection Violations

    || 30-Jun-2017

    On April 17, 2017 the Consumer Financial Protection Bureau ("CFPB") filed a lawsuit in a federal district court against Weltman, Weinberg, & Reis Co., LPA, a debt collection law firm which has operates in several states, including New York, New Jersey, and Florida. The complaint alleges that the collection firm used illegal tactics while collecting debts from consumers. Specifically, ...
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  • National Collegiate Trust Student Loan Debt Reduced by 75%

    || 1-Nov-2016

    At the Law Office of Simon Goldenberg PLLC, we take great pride in the results we help our client’s achieve. Although results vary, we strive to attain the maximum reduction possible in each client’s unique situation. If you’ve been sued for a student loan debt in New York or New Jersey, call us to learn how we can defend the action and potentially settle the debt for less then ...
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  • Fighting Student Loan Lawsuits

    || 12-Sep-2016

    Have you been sued for a student loan? It's normal to have serious questions when facing legal action. Most borrowers and co-signers will want to minimize the impact of the lawsuit and avoid having a judgment entered against them. You might be wondering: Why am I being sued? Do I really owe them the amount they claim? How do I fight the lawsuit? What are my defenses? Can I settle the lawsuit ...
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  • Debt Buyer Lawsuits - Defense Strategies

    || 6-Apr-2016

    Many lawsuits, particularly with old debts, are brought by " debt buyers " who purchase debts from original creditors. Such "debt buyers" might have difficulty proving in court that they own the debt, that the debt ever existed, or that you owe the complete amount claimed. Furthermore, even if they could prove these things, "debt buyers" sometimes seek to collect ...
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