7th Circ. Revives Student Loan Collection Class Action

Law360, Los Angeles (August 18, 2015, 10:19 PM EDT) -- The Seventh Circuit revived a putative class action accusing United Student Aid Funds Inc. of saddling borrowers with collection charges even when they were following payment plans to the letter, ruling the plaintiff had adequately supported her racketeering and contract claims, according to a split decision Tuesday.

In a decision that generated a written ruling from each of the three judges in the panel, the court reversed U.S. District Judge Tanya Walton Pratt’s March 2014 ruling dismissing the case, reviving lead plaintiff Bryana Bible’s claims that...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

Bryana Bible v. United Student Aid Funds, Inc.


Case Number

14-1806

Court

Appellate - 7th Circuit

Nature of Suit

3470 Civil (Rico)

Date Filed

April 14, 2014

Law Firms

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.