For those of us that have been practicing in the relatively narrow field of student
loan collection defense, the comments in the story have confirmed what we have all long believed to be the case...
For those of us that have been practicing in the relatively narrow field of student
loan collection defense, the comments in the story have confirmed what we have all long believed to be the case... National Collegiate -LSB-...]
Not exact matches
Unless you request otherwise, the government will put your
loans into forbearance or stop
collections when you apply for a borrower
defense discharge.
If you want the forbearance or stopped
collections to apply only to those federal student
loans related to your borrower
defense application, or if you do not want your
loans to continue in forbearance or stopped
collections, you must notify your
loan servicer after you hear from them confirming the forbearance or stopped
collection.
The forbearance or stopped
collections will affect all of a borrower's federal
loans that are serviced by a federal
loan servicer (or defaulted and serviced by a private
collection agency), including
loans that are not eligible for a borrower
defense to repayment
loan discharge, such as
loans taken out to attend a different institution than the one related to your application.
If you would like for your federal student
loans to be placed in forbearance and for
collections on your
loan to stop until your application is reviewed and processed, please select that option within your borrower
defense application.
The forbearance or stopped
collections will affect all of a borrower's federal
loans, including
loans that are not eligible for a borrower
defense to repayment
loan discharge, such as
loans taken out to attend a different institution than the one related to your application.
By completing and submitting a borrower
defense application, you may have all of your federal student
loans in repayment placed into forbearance status and have debt
collections on any federal student
loans in default stopped («stopped
collections status») while ED reviews your application.
Borrower
defense claims (also known as «
defense to repayment» or «DTR») may be raised even if you are current on the
loan and there are no
collection actions.
Borrowers who submit complete borrower
defense claims can choose to have their Direct
loans and Department held FFEL
loans placed into forbearance or stopped
collections.
We offer a free debt relief consultation to discuss any and all debt relief issues including credit card debt relief, debt lawsuit
defense, student
loan debt relief, debt settlement, medical bill debt relief, second mortgage debt relief, payday
loan debt relief, small business debt relief, foreclosures, credit repair, debt
collection harassment, short sales, wrongful repossessions, bank levies and wage garnishments.
Perkins
loan borrowers can raise the failure to pay a refund as a
defense to a
collection action.
It is not clear if the Department is promptly notifying servicers or
loan holders that a borrower has submitted a borrower
defense and should be placed in requested forbearances or stopped
collections or if servicers are correctly and promptly processing these requests.
Forbearance and Stopped
Collections: Borrowers who submit complete borrower defense claims can choose to have their Direct loans and Department held FFEL loans placed into forbearance or stopped c
Collections: Borrowers who submit complete borrower
defense claims can choose to have their Direct
loans and Department held FFEL
loans placed into forbearance or stopped
collectionscollections.
He has litigated, arbitrated and mediated cases involving banking (workouts, foreclosures, «lender liability,» and other aspects of
loan enforcement and
collection), real estate (developer disputes, landlord / tenant litigation, broker commission disputes, boundary disputes and adverse possession), partnerships and family - owned businesses (issues involving company control, buyouts and valuation), real estate finance (default resolution, servicing and lien priority, trust disputes and guardianships), intellectual property (prosecution and
defense of cases involving trade secrets, trademarks, copyrights and patents) and other matters involving various contract and business tort claims.
Our firm provides legal representation for consumer and commercial clients in foreclosure
defense, bankruptcy, disputes with homeowners» associations, credit card debts,
collections on vehicle repossession deficiency,
collections on business and personal
loans, contract disputes, and many other legal situations.
His extensive background includes successful representation of clients in real property law, commercial litigation, bankruptcy,
loan workouts, default
collections, foreclosures, title disputes and lender liability and foreclosure litigation
defense.
In 2012, the Honorable Denise L. Cote denied a motion to dismiss the claims in what was designated the «lead case» brought by FHFA, and in 2013 entered a series of rulings to streamline the cases for trial, including orders as to statistical sampling,
loan file
collection and reunderwriting, the scope of the so - called «actual knowledge»
defense, the lack of any loss causation
defense to FHFA's Blue Sky claims, and other significant issues.
Mr. Murtha has written and taught on the subjects and has successfully litigated cases in
defense of consumers» rights, protecting them from the unfair practices of debt -
collection agencies, creditors, automobile dealerships, banks, student
loan companies and other businesses in both state and federal courts.