By: Robert J. Nahoum A story of a student loan debtor purportedly arrested for failing to pay his student loans has gone viral. The media has ran with the story and student loan borrowers everywhere are nervous. You may be wondering how this could have happened – didn’t we eliminate debtors’ prison in America in colonial times? Well the answer […]
Can I Be Arrested for Not Paying A Student Loan?
Favorable Settlement with National Collegiate Student Loan Trust
By: Robert J. Nahoum National Collegiate Student Loan Trust (NCSLT) is a very busy company that few people have ever heard of. Much like the mortgages involved in the financial and foreclosure crisis of just a few years ago, private student loans are packaged together as investments and sold on Wall Street. Those packages of loans are held in trust […]