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This article should be of interest to all of my SSH clients with loans from KeyBank. It is reprinted from the Higher Ed Watch Blog where it was posted earlier today: “It appears that KeyBank’s predatory private student loan practices are finally catching up with the company. Late last month, the bank settled a lawsuit […]

Citibank was the first major lender to settle with the SSH students. Student Loan Xpress is likely to be next. That makes KeyBank most likely to be the last major lender to settle with the SSH students. KeyBank has not made any offer to Plaintiffs’ counsel, though it has participated in discussions and agreed to […]

Many of my SLX clients have contacted me about a letter that they received from SLX in late January or early February regarding the inadvertant disclosure of certain personal information and the subsequent destruction of said information. My opinion is that no action is needed on said letter. I have not had any reports of […]

Student Loan Xpress is the lender that wrote the most student loans for Silver State Helicopters. It is also the lender that I believe is going to be next to make an offer that I can enthusiastically recommend to all of my SLX clients. Settlement negotiations with SLX are covered by a written confidentiality agreement. […]

On November 10, 2008, I announced and highly recommended Citibank’s 100% debt forgiveness offer to my former SSH students in every state except for California. Through my efforts and the efforts of others, this offer was subsequently extended to include my California SSH clients with Citibank loans and all former SSH students throughout the country […]

I am very happy to announce that we have added 2 new attorneys to our firm. Attorney Mike Mahurin started with us today. Mike is a graduate of Pepperdine University School of Law and has 12 years of legal experience handling real estate, employment, estate planning and bankruptcy matters. Mike was previously an associate in […]

James Lisowski, the Chapter 7 Trustee in the Silver State Helicopters bankruptcy case, has filed an Application for an Order Approving Employment of Fennemore Craig, PC as Special Litigation Counsel to the Trustee. The Trustee’s Application states that he “requires representation for the following services: Special Litigation Counsel to assist the Trustee in investigating and […]

Many of my clients have contacted me regarding a notice that they received from the Bankruptcy Court in the SSH case. This notice is entitled “Notice of Filing Official Transcript” and is dated November 4, 2008. No action is required by any of my clients with regards to this notice. I used my CM/ECF and […]

On November 5, 2008, Citibank began offering 100% loan forgiveness of Citibank SSH student loans in exchange for an assignment of the student’s claims against SSH and against Citibank. We highly recommend that all of our clients with Citibank loans accept this offer. 100% Loan forgiveness has always been our highest goal for each and […]

It has now been 9 months since Silver State Helicopters, LLC (“SSH”) filed bankruptcy in United States Bankruptcy Court, District of Nevada, Case No. 08-10936-mkn. This case is being jointly administered with the related case Silver State Services Corporation, 08-10935-mkn. To date, 1078 different documents have been recorded on the docket in the SSH case. […]