Eul v. Transworld Systems Inc. Settlement

Eul, et al. v. Transworld Systems Inc., et al.
United States District Court, Northern District of Illinois, Eastern Division Case No. 15-CV-7755

Welcome to the Eul v. Transworld Systems Inc. Settlement Website

If you have an account in default with a National Collegiate Student Loan Trust entity, you may benefit from the information contained in this website.

YOUR LEGAL RIGHTS AND OPTIONS IN THIS SETTLEMENT

FILL OUT AN ONLINE ENROLLMENT FORM BY APRIL 2, 2018 By filling out an online enrollment form by APRIL 2, 2018 you will remain in the Class and you will be entitled to participate in the Higher Education Loan Program (the “HELP program”). By remaining in the Class, you give up most defenses to a collection lawsuit by a National Collegiate Student Loan Trust including the ability to contest ownership of the debt. THIS WILL NOT LIMIT ANY BENEFITS YOU MAY BE ELIGIBLE FOR AS A RESULT OF SETTLEMENTS BETWEEN THE NATIONAL COLLEGIATE STUDENT LOAN TRUSTS AND THE CONSUMER FINANCIAL PROTECTION BUREAU.
DO NOTHING BUT STAY IN THE SETTLEMENT CLASS By doing nothing, you will remain in the Class, receive the benefits of class membership and are bound by the terms of the settlement, but you will not be a participant in the HELP program. By remaining in the Class, you give up most defenses to a collection lawsuit by a National Collegiate Student Loan Trust including the ability to contest ownership of the debt. THIS WILL NOT LIMIT ANY BENEFITS YOU MAY BE ELIGIBLE FOR AS A RESULT OF SETTLEMENTS BETWEEN THE NATIONAL COLLEGIATE STUDENT LOAN TRUSTS AND THE CONSUMER FINANCIAL PROTECTION BUREAU.
EXCLUDE YOURSELF BY APRIL 2, 2018 You will receive no benefits, but you will retain your legal claims and defenses against the Defendants.
OBJECT BY APRIL 2, 2018 Write to the Court about why you don’t like the settlement. You may also appear at the fairness hearing on April 25, 2018.
GO TO A HEARING Ask to speak in Court about the fairness of the settlement on April 25, 2018.

To learn more about the terms of the proposed settlement, your options, and how your legal rights may be affected, please review the Detailed Notice, Settlement Documents and answers to the Frequently Asked Questions provided on this website.