Student Loan Lawsuit Lawyer in Oxnard, CA Putting an End to Student Loan Lawsuits

Student loan lawsuits have been on the rise in recent years. This is likely due to the fact that more people are taking out student loans and are unable to repay them. The National Collegiate Loan Trust is one of the agencies that has been bringing these lawsuits against borrowers.

If you have been sued by the National Collegiate Loan Trust, don’t panic. There are attorneys who can help you get through this. The Law Office of Eric Ridley is one such firm that can assist you. I understand the importance of keeping your credit score intact and will work hard to get you the best outcome possible.

Don’t wait to contact me if you’re facing a student loan lawsuit. I can help guide you through the process and protect your rights. Call the Law Offices of Eric Ridley today at (805) 244-5291 for a free initial strategy session and get the help you deserve.

How Common is Student Loan Debt in America?

Student loan debt is one of the most common forms of debt in America. These staggering figures are only going to continue to grow as tuition prices continue to rise and more students take on loans to pay for school.

So what exactly is student loan debt? It’s exactly what it sounds like: money that you borrow from a lender in order to pay for your education. Student loans can come from the federal government or from private lenders, and they typically have much more favorable interest rates than credit cards or other types of loans. But that doesn’t mean they’re without risk – if you can’t pay back your student loans, you can quickly find yourself in deep water financially.

Student loan debt has become a huge issue in America, with millions of people struggling to make their monthly payments. In some cases, borrowers are even having their wages garnished or their tax refunds seized in order to cover their debts.

The good news is that there are ways to get help if you’re struggling with your student loan payments. You can consolidate your loans, enroll in an income-driven repayment plan, or even get your loans forgiven if you work in certain public service jobs. But the first step is acknowledging that you have a problem and seeking out help. If you’re struggling with your student loan debt, don’t be afraid to reach out for help. There are plenty of resources available to assist you.

Why Was I Sued By the NCT?

If you’re like many other former students of for-profit colleges, you may have been sued by the National Collegiate Trust (NCT) for unpaid student loans. The NCT is a debt collector that buys and sues defaulted private student loans from a variety of lenders, including some of the largest for-profit colleges in the country.

The NCT and other student loan debt collectors have come under fire in recent years for their aggressive and sometimes illegal collection practices.

If you’re being sued by the NCT or any other debt collector, you have rights and options.

The NCT is suing you because you have defaulted on your student loans.

Defaulting on your student loans means that you have failed to make payments on your loan for 270 days or more. Once you default, the entire balance of your loan becomes due and payable immediately.

The NCT buys defaulted private student loans from a variety of lenders, including some of the largest for-profit colleges in the country. The NCT then sues borrowers to collect the loans.

The NCT may also sue you if you have cosigned on a private student loan and the primary borrower has defaulted. If you have cosigned a loan, you are legally responsible for repaying the entire loan even if you did not benefit from the education.

What Options Do I Have to Defend My Lawsuit?

If you’re being sued by the NCT, it’s important to take action immediately. The sooner you take action, the better your chances of success.

Here are some steps to take if you’re being sued by the NCT:

1. Review the lawsuit papers – The first thing you should do is review the lawsuit papers. The papers will include a summons and a complaint. The summons will tell you when you need to appear in court. The complaint will state the amount of money the NCT says you owe.
2. Respond to the lawsuit – Once you have reviewed the papers, you need to respond to the lawsuit. If you do not respond, the NCT will get a default judgment against you. A default judgment means that the NCT can collect the debt without having to go to court.
3. File an answer – An answer is a legal document in which you respond to the allegations made by the NCT in the complaint. In your answer, you can deny all or part of the debt. You can also assert defenses to the debt.
4. Appear in court – Once you have filed your answer, you will need to appear in court for a hearing. The hearing is an opportunity for you to present your defenses to the debt and to negotiate a settlement with the NCT.
5. Negotiate a settlement – If you are unable to reach a settlement with the NCT, the case will go to trial.

There are a number of defenses you can raise if you’re being sued by the NCT or any other debt collector. These defenses include:

• The statute of limitations – The statute of limitations is the legal deadline for filing a lawsuit.
• Lack of standing – The debt collector must have the standing to sue you. Standing means that the debt collector must be the rightful owner of the debt.
• Improper service – If you were not properly served with the lawsuit papers, you can raise this as a defense.
• Fraudulent misrepresentation – If the NCT made any false or misleading statements in an attempt to collect on the debt, you can raise this as a defense.
• Unfair and deceptive practices – The NCT is prohibited from using unfair and deceptive practices in an attempt to collect on a debt.

What Does a Student Loan Lawsuit Lawyer Do?

If you’re facing a lawsuit from the NCT, it’s important to have an experienced student loan lawyer on your side. Student loan lawyers can help you navigate the complex legal process and protect your rights.

Student loan lawyers can also help you negotiate a settlement with the NCT or any other debt collector. If you’re facing a lawsuit, don’t go it alone. I can help you make the most out of your situation and defend your rights.

Contact the Law Office of Eric Ridley Today for Compassionate and Helpful Service

Lawsuits filed by the NCT may be defensible. Many of these claims are time-barred, that is, they are filed beyond the applicable statute of limitations. If you have been sued in any California county by National Collegiate Student Loan Trust or another collection agency, I can help you defend this claim. Call the Law Offices of Eric Ridley today at (805) 244-5291 for a free initial strategy session and get the help you deserve.