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United States - Trusts - The CFPB And NCSLT TRUSTS Saga: Movement On The Third Circuit Case And A Second CFPB Enforcement Action

United States - Trusts - The CFPB And NCSLT TRUSTS Saga: Movement On The Third Circuit Case And A Second CFPB Enforcement Action
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CFPB Alleges Organizations Ignored Student Loan Borrowers' Payment Relief Requests

CFPB Alleges Organizations Ignored Student Loan Borrowers' Payment Relief Requests
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Behrend athletics program earns AMCC Peak Performer Award

Behrend athletics program earns AMCC Peak Performer Award
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Student loan companies return to court to collect on private education debt


Student loan companies return to court to collect on private education debt
Danielle Douglas-Gabriel, The Washington Post
Jan. 21, 2021
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While the federal government continues to pause the collection of defaulted student loans during the coronavirus pandemic, private companies that initially followed suit are back in court.
Private education lenders and creditors have resumed filing new lawsuits and continuing existing cases to recover past-due debts, according to court records. Many companies had vowed to halt collections litigation as Americans faced layoffs and wage reductions in the beginning of the health crisis.
But despite tens of thousands of people still losing their jobs, student loan companies are again seeking payment. Attorneys for some of the largest private education debt creditors have filed dozens of lawsuits in several states since at least the summer.

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