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Should You Sue?

23/2/2014

 
Sometimes student loan borrowers feel that their student loan debt should be in dispute because they did not receive what they expected from their course of study. Perhaps the course content was different from what was represented, or they were promised that the qualification would lead to jobs that turned out not to exist, or the course was generally of poor quality. One thing that is not usually looked at, but which should be in appropriate cases, is suing the course provider for your loss. This could include the fees charged, and possibly the interest and penalties on the student loan.

This type of solution could be considered if your claim is within the limitation period that applies to civil claims. If the claim is below $15,000 (or $20,000 if the parties agree) the claim could be taken to the Disputes Tribunal in order to keep your costs low. If your claim succeeds you could end up with a zero debt.

Please don't hesitate to contact us if you would like to discuss your own situation.


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