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SLM Private Education Loan Trust Lawsuit

SLM Private Education Loan Trust Lawsuit?

Debt Lawsuit Attorneys

Flat Fees. No Hourly Rate.

We have defended thousands of collection lawsuits.  Some have been filed by SLM Private Education Loan Trust on defaulted student loans    Contact us if you have been sued for debt.

Who is SLM Private Education Loan Trust?

Student loans can prompt complex financial questions from current and former students. It seems every year some new regulatory wrinkle further complicates what should be a transparent process. However, nothing compares to the confusion caused by trusts such as SLM Private Education Loan Trust. Much of the confusion stems from the oblique language used by Sallie Mae Bank to explain the trusts.

Associated with Sallie Mae, SLM Private Education Loan Trust operates as a Delaware-based trust. The Sallie Mae affiliate pools together numerous student loans to hedge against default risk.

According to the Sallie Mae Website:

“The asset-backed securities issued by the Trusts do not represent interests in or obligations of, and are not guaranteed or insured by SLM Corporation, Sallie Mae Bank, or any of their affiliates, in any capacity, or by the United States, any governmental agency, or any other entity. The asset-backed securities issued by an SMB Private Education Loan Trust listed herein are described in an offering memorandum containing information about the terms and conditions of the asset-backed securities, financial characteristics and servicing information related to the underlying student loan assets, trading information about the asset-backed securities, and other issuance details.”

If you have been sued by SLM Private Student Loan Trust, contact us at Weston Legal.

Free Consultation

What Happens With a Judgment?

Your Bank Account Can Be Frozen and Emptied by Many Judgment Creditors

A Judgment Can Often Cloud Title on Your Homestead Property

A Judgment is Published on your Credit Report as a “Public Record”

With a Judgment, certain property can be sold at auction to pay towards the judgment

Do I Need a Lawyer?

Without a Lawyer

Default Judgment

The vast majority of collection lawsuits end up with a judgment against the consumer.  This is primarily because the consumer did nothing to protect themselves or they attempted to defend the lawsuit themselves.

With a Lawyer

Dismissal or Settlement

Most of our cases are dismissed by the creditor prior to trial or we reach a favorable settlement for our clients depending on the circumstances of their situation.

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Houston, Texas 77019
713.623.4242
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320 Decker Drive
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Irving, TX 75062
214.329.9837
by appointment only

Austin

106 E. Sixth Street Suite 900
Austin, Texas 78701
512.782.4377
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San Antonio

9901 I.H 10 West Suite 800
San Antonio, Texas 78230
210-787-3539
by appointment only