Kenneth Zebrowski, a Democratic Assemblyman, introduced legislation to regulate student loan servicers.
News Story (New York)
Jillian Berman
MarketWatch
April 28, 2017
READ THE FULL STORY HERE
Tags: Consumer Protection, Student Debt
Organizations mentioned/involved: Mobilization for Justice (New York City)
News Story (New York)
Jillian Berman
MarketWatch
April 28, 2017
READ THE FULL STORY HERE
Tags: Consumer Protection, Student Debt
Organizations mentioned/involved: Mobilization for Justice (New York City)
DETAILS
Evan Denerstein, an attorney at MFY Legal Services, an organization that provides legal help to low-income New Yorkers, said he regularly meets with clients who struggle to get access to accurate information from their student loan servicer. In some cases they’re legally entitled to a lower repayment program or even a disability-related discharge and yet, they’re unable to claim it without his legal assistance.
“They’re not being informed of their rights and sometimes they’re being misinformed of their rights,” said Denerstein, who has been a leading advocate in fighting for the New York servicing legislation.