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Private student loan borrowers who filed for bankruptcy are finally getting some relief from student loan provider, Navient Corp. (), to the tune of $198 million.Navient settled a lawsuit with ...
If approved by the court, the agreement will settle a 2017 lawsuit, in which the U.S. Consumer Financial Protection Bureau (CFPB) accused Navient of misleading student loan borrowers and not ...
Tens of thousands of people who took out student loans over the past 20 years could see their loans canceled or receive a small check as part of a nationwide settlement with Navient, a major ...
Many borrowers cannot afford the costs to retain an attorney or litigation costs associated with an adversary proceeding, such as a bankruptcy case. The undue hardship standard varies from jurisdiction to jurisdiction, but is generally difficult to meet. In most circuit courts discharge depends on meeting the three prongs in the Brunner test: [115]
This is a list of Supreme Court of the United States cases in the area of bankruptcy. This list is a list solely of United States Supreme Court decisions about applying law related to bankruptcy. Not all Supreme Court decisions are ultimately influential and, as in other fields, not all important decisions are made at the Supreme Court level.
Navient is barred from federal student loan servicing and has to pay $120 million in fines and compensation to the borrowers harmed by its practices, according to a proposed settlement with the ...
Navient Corporation is an American student loan servicer based in Wilmington, Delaware.Managing nearly $300 billion in student loans for more than 12 million debtors, the company was formed in 2014 by the split of Sallie Mae into two distinct entities: Sallie Mae Bank and Navient.
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