Class-action settlement: Navient student loan servicer users have one day to file claim in $16 million settlement
Don’t Miss Out on Your Share of the $16 Million Settlement!
Calling all student loan borrowers who have used Navient, a private student loan servicer! You have until Monday to file a claim and receive a portion of the massive $16 million class-action settlement. This is your chance to get the compensation you deserve.
Navient found itself in hot water after illegally collecting money from students following its bankruptcy. As a result, the company faced multiple class-action lawsuits from borrowers. In a bid to make amends, Navient agreed to a whopping $198 million settlement in July. Out of this amount, $182 million will be used for debt relief for affected borrowers, while the remaining $16 million will be distributed in cash to a settlement class consisting of 4,607 borrowers.
If you’re one of the borrowers included in this $16 million settlement, time is running out. Make sure you take part before Monday to secure your share. To be eligible, you must be a student borrower or co-borrower who filed for bankruptcy protection on or after Oct. 17, 2005, had an obligation to repay your loans, received a court-approved discharge order, and never reaffirmed your loans.
What’s even better is that the settlement will cover 20% to 100% of the damages suffered, including any student loan payments made after Navient’s bankruptcy. To claim your rightful compensation, simply file a claim by Nov. 20. Don’t miss this opportunity!
Mark your calendars for the final hearing on Dec. 13 at the District Court for the Eastern District of New York. This is where the fate of the settlement will be determined. Stay tuned for updates!
How can student loan borrowers who have used Navient file a claim for a portion of the $16 million settlement?
Don’t Miss Out on Your Share of the $16 Million Settlement!
Calling all student loan borrowers who have used Navient, a private student loan servicer! You have until Monday to file a claim and receive a portion of the massive $16 million class-action settlement. This is your chance to get the compensation you deserve.
Navient found itself in hot water after illegally collecting money from students following its bankruptcy. As a result, the company faced multiple class-action lawsuits from borrowers. In a bid to make amends, Navient agreed to a whopping $198 million settlement in July. Out of this amount, $182 million will be used for debt relief for affected borrowers, while the remaining $16 million will be distributed in cash to a settlement class consisting of 4,607 borrowers.
If you’re one of the borrowers included in this $16 million settlement, time is running out. Make sure you take part before Monday to secure your share. To be eligible, you must be a student borrower or co-borrower who filed for bankruptcy protection on or after Oct. 17, 2005, had an obligation to repay your loans, received a court-approved discharge order, and never reaffirmed your loans.
What’s even better is that the settlement will cover 20% to 100% of the damages suffered, including any student loan payments made after Navient’s bankruptcy. To claim your rightful compensation, simply file a claim by Nov. 20. Don’t miss this opportunity!
Mark your calendars for the final hearing on Dec. 13 at the District Court for the Eastern District of New York. This is where the fate of the settlement will be determined. Stay tuned for updates!
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