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NY Times: Student Debt Getting Wiped Out by Fraudulent Claims of Securitization

Livinglies's Weblog

So here is an example of why you need to send a DVL (Debt Validation Letter).

It turns out that mainstream media and the court system are much more willing to get into bank fraud as to students than they were when it came to homeowners. The facts are the same.

“Somewhere along the line” the debt was severed from any entity answering to the description of a creditor. Thus the “servicer” for the “trust” (debt collectors, because they are not the owners of the debt) derives its powers, authority and obligations from an entity that does NOT own the loan.

Get a consult and Chain of Title Analysis! 202-838-6345
https://www.vcita.com/v/lendinglies to schedule CONSULT, leave message or make payments.
THIS ARTICLE IS NOT A LEGAL OPINION UPON WHICH YOU CAN RELY IN ANY INDIVIDUAL CASE. HIRE A LAWYER.
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see https://www.nytimes.com/2017/07/17/business/dealbook/student-loan-debt-collection.html?smprod=nytcore-iphone&smid=nytcore-iphone-share&_r=0

Dozens of lawsuits to collect student loans are being…

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