A Successful Student Loan Defense – National Collegiate Student Loan Trust

The firm successfully defended our client against three lawsuits involving student loans, brought by National Collegiate Student Loan Trust, in the Los Angeles Superior Court (Main Case No. BC 588089).  The cases together sought over $60,000 against our client, who had guaranteed the student loans of her ex-boyfriend while in college.  When the ex-boyfriend defaulted years later, NCSLT sued our client, who had never benefited from the loans.  The statute of limitations analysis was complicated in this matter by the fact that three different states were involved, with five possible statute of limitations periods.  We determined that the correct statute was California’s four-year statute of limitations, raised the defense, and noticed NCSLT’s deposition. NCSLT and its lawyers Patenaude & Felix then abandoned the case, and dismissed.  Our client walked free of $60,000 in alleged student loan debt, demonstrating how important the statute of limitations can be.