Navient —
Student Loan Debt…
Class action suit.
Do you have private Navient Student Loans? Keep reading! In the class action case of Youssef v. Navient Solutions, et. al., Navient has reached a settlement and you may qualify for relief.
Who qualifies for relief?
- You filed for bankruptcy protection on or after October 17, 2005;
- Before your bankruptcy filing, you became obligated to repay one or more Private Student Loans either as a borrower or as a co-borrower;
- You obtained in your bankruptcy case an order of discharge issued by the bankruptcy court; and
- You have never reaffirmed your Private Student Loans.
What does the settlement provide?
- Navient’s agreement to forego collection of certain debts (this may be less than all of your outstanding balance);
- Reimbursement of all or a portion of your loan payments you made to Navient;
- Either deleting or updating trade line information to credit-reporting agencies about your Private Student Loan or Loans.
How do you make a claim?
- The Claim Form must be submitted by November 20, 2023
- It must be fully completed, be signed, and meet all conditions of the Settlement Agreement.
- To file the claim, you will need a Unique ID and PIN located on the settlement notice you should have received. If you have not received a Notice by email or US mail, and you believe you are a Class Member, contact the Settlement Administrator at 866-848-0808.
- Claims may be filed here: https://secure.navientstudentloansettlement.com/
What if you do nothing?
- You will remain a member of the Settlement Class.
- You will automatically receive debt relief in the form of discharge of all or a portion of the balance on your Private Student Loan.
- If you do not submit a Claim, you will NOT receive any direct monthly payment under the Settlement.
Key Dates!
- 11/13/2023; Deadline to Object to the Class Action Settlements
- 11/13/2023; Deadline to Exclude Yourself or Opt Out of the Class
- 11/13/202; Deadline to Submit Notice of Intention to Appear at the Final Approval Hearing
- 11/20/2023; Deadline to Submit a Claim
- 12/13/2023; Final Approval Hearing
What if I’m not a class member?
- You may still have options.
- We can provide you additional information and opportunities once you fill out our Student Loan Assessment
- Learn more.