Weglarz v. JP Morgan Chase Bank, N.A., and National Collegiate Trust

Complaint--Class Action

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National Collegiate Student Loan Trust is being sued on a class action basis for its improper, fraudulent use of the LIBOR index on its promissory note private student loans. This is just another defense of contract when being sued by these trusts when consumers default. I understand that borrowers are now defaulting en mass on these agreements.

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Published In: Bankruptcy Updates, General Business Updates, Consumer Protection Updates, Education Updates, Securities Updates

Reference Info:Pleadings | Federal, 7th Circuit, Illinois | United States

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Christine Wilton
Law Office of Christine A. Wilton

Christine A. Wilton is in private practice at the Law Office of Christine A. Wilton, a Federal Debt... View Profile »


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