Not exact matches
With
private student loans you may either settle them for a fraction of what's owed, or you may fight the
debt collection company by challenging their legal authority to collect on your
alleged debts.
Students can use
debt validation to check if their
private student loan debt is «legally collectible», by forcing their
alleged debt collectors to verify they have complete and accurate records, that they're abiding by all the laws, and maintaining the appropriate documentation and licensing.
Wells Fargo is most likely in a hurry to get this matter resolved in their favor because if they are found to have pursued the
alleged discharged
private student loan debt they could be facing a precedent and financial consequences.