Navient agreed to pay $16 million to resolve a class action lawsuit claiming that student loans owned by the company should have been dischargeable during bankruptcy.
Plaintiffs in the student loan bankruptcy class action lawsuit claim Navient should have discharged certain student loans after borrowers declared bankruptcy. Borrowers and co-borrowers allegedly suffered from financial damages when their student loans were not discharged.
Navient is a private student loan company that offers financing and loan servicing.
Navient hasn’t admitted any wrongdoing but agreed to a $16 million settlement to resolve the student loan bankruptcy class action lawsuit.
Navient Student Loan Bankruptcy Class Action Lawsuit
- Who’s Eligible:
- Borrowers or co-borrowers of Navient-owned student loans who filed for bankruptcy protection after Oct. 17, 2005, after they became obligated to repay their student loans and who have never reaffirmed their private student loans
- Estimated Amount: Varies
- Proof of Purchase: N/A
- Claim Form Deadline: 11/20/2023
- Case Name & Number:
- Youssef v. Navient Solutions LLC, et al., Adv. Pro. No. 17-1085, in the U.S. Bankruptcy Court for the Eastern District of New York
- How to file a claim:
- Head over to the Claim Form.
- Read over the claim form to see if you are eligible.
- Complete the claim form with your info.
- Submit your claim form to receive your potential award!
(Click here to file a claim)
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Bottom Line
Don’t forget to take a look at our full list of Class Action Lawsuit Settlements! Be sure to give our list of No-Proof Class Action lawsuit to see other settlements you may qualify for.
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