Thread by @BrianManookian

Re-upping this for no particular reason. The easiest lawsuit I ever filed and any one can do it.

In my experience, none of these student loan servicers / loan sharks kept proper chain of title. You challenge their ownership, they decline to respond, you get a default judgment.

https://twitter.com/BrianManookian/status/1562457880288038915

I have been meaning to put up a website w the template filings so that others can do it themselves.

Ironically, this started bc I tried to pay off my student loans. The "lender" wasn't the bank I borrowed from. When I asked for proof they owned the debt, they couldn't provide it

I had to take down my email address because I woke up inundated with requests (which I will answer).

I will get a website up after the July 4 holidays that lays out what I did step-by-step with template documents for each step. These are the basic steps:

1. Look at your student loan bill. Who are you writing your check to each month? You're going to write them a letter demanding they verify the debt within 30 days.

2. I'll post the letter. There's some "magic" language you need to include. You're asking them to prove they own the debt showing the specific contracts buying YOUR loan.

3. They will respond with a bunch of bullshit paperwork that mainly includes your payment history. This is not "verificiation" that they own your debt.

4. You file a Complaint for Declaratory Relief in your local circuit court. You are asking the Court to "declare" or rule that you don't owe these people any money. You send the complaint via certified mail to your "lender" to serve it.

5. They will have 30 days to respond or you win by default. They will not respond. They don't have chain of title or they would have sent it to you in the first place. And it's expensive for to defend these suits & they really just don't care ab losing one here or there.

6. After thirty days you file a Motion for Default Judgment. You also send this to the lender by certified mail. Again, they will not respond.

7. The Court "declares" by entering an order that you have no valid debt to the lender and that you owe them nothing. You don't make another payment. When the lender calls and asks for your payment, you send them order. It's done and over.

8. I will post all of the documents for each step. I'm doing this with the express caveat that I'm not giving legal advice and I'm not your lawyer.

You should be able to do this yourself. But if not, you should be able to hire a lawyer for $1000 given the info on my website.

9. Getting some twitter lawyers telling me all the ways this won't work. They're wrong. I posted the literal Court Order showing I did it.

Regardless, it's never a bad idea to consult a lawyer in your state. Just don't pay the atty much, this isnt complicated.

@here2makeuumad Also, not only is the debt now invalid -- continued attempts at collection (or reporting on my credit) would considered contempt of court and result in monetary awards to me, in this case.

10. Getting a lot of lawyers DMing me. If you're a lawyer & you want the word docs of the pleadings in my personal case, DM me your email & I'll send them

(a) but you'll need to tailor to your situation &

(b) you must consider doing this pro bono for 1 non-lawyer in your state