National Collegiate Student Loan Trust
Have you received a collection letter from National Collegiate Student Loan Trust or one of its attorneys? or a telephone call? has a lawsuit been filed against you by National Collegiate? If you have, then fortunately you have found this website and you have found a Consumer Attorney who is willing to help defend you.
National Collegiate Student Loan Trust is a company that purchases allegedly delinquent private student loan debt. We have seen a dramatic increase in the filing of these National Collegiate cases across Pennsylvania since mid 2013.
Our approach to defending lawsuits filed by National Collegiate Student Loan Trust is twofold. First, we defend the case based upon a lack of legal sufficiency. In general, when a party files a lawsuit on a loan in Pennsylvania, there are several issues that need to be recited in the lawsuit. In other words, facts and documents must be established that tend to prove that you had a student loan with some private lender, that you defaulted on it, that it is within the applicable statute of limitations, and, that you owe the amount that is alleged to be due and owing. National Collegiate has the added burden of proving that they are the current owners of the loan, and this is generally proven through the production of a document titled as "Assignment".
In my experience with these student loan cases, I have found that the lawsuits filed by National Collegiate are usually legally insufficient. That means that they cannot initially meet the above mentioned criteria. We object to these lawsuits on insufficiency grounds with great success. If our objections hold, then the lawsuit is over and you do not owe the debt/loan.
In the event that National Collegiate is able to cure the insufficiency objections, and we have seen them come close to doing this on several cases recently, then we then move on to defending the claim on its legal merits, i.e. whether you actually had the student loan, whether you actually defaulted on it, when the alleged default occurred, et cetera. Between part one and part two of our defense strategy in defending National Collegiate lawsuits, our success rate is very high.
National Collegiate has been very agressive in filing these cases. They have been able to produce various loan documents for many of our clients. Fortunately, we have been able to defend the cases with great success based upon our knowledge of the law and the hurdles that they face when trying to collect on these student loan accounts. We also have found that many of these claims are time barred, that is, they are filed beyond the applicable statute of limitations.
Our firm has a great deal of experience in defending student loan collection cases. With the rise of delinquent debt and the outsourcing of that debt to shady collection agencies, having an attorney to protect your interests has become vital. If you have been sued in any Pennsylvania county by National Collegiate Student Loan Trust or another collection agency, our firm can help you defend this claim at minimal cost, with a great chance at success. Contact our office here, call me at 412-823-8003.