Law Students

Branford Lawyer Fights Student Loans, Fails
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

lawyer fails to escape them

Summary: A Connecticut lawyer attempts to escape his student loans, but is ordered to pay $236,000.

It would be a savvy move if lawyers could learn the skills by which to outsmart the debtors who financed teaching those skills. That is, like Vivian learning magic from Merlin only to trap him with it. But such things rarely work out in the real world, especially when the Federal government is involved. A Connecticut lawyer who attended the University of Bridgeport Law School, now Quinnipiac School of Law, and who got his Connecticut law license in 1993, stopped paying on his loans in 2002. He claims the government broke the loan agreement by charging him too much.

  
What
Where


They sued Gregory Cohan in 2011, therefore, to collect their due, and U.S. District Judge Jeffrey Meyer ruled against him earlier this month, saying “Defendant has presented no evidence to support his statement at oral argument that the government ‘made it impossible for [him] to make the payments,’ or that he was unable to calculate his payments.”

The question turned on whether the federal government was correct in determining his loan agreement in terms not of his 2001 income of $14,605 but of his his 2000 income of $26,960, which changed his monthly payment from $100 to $310.

In considering of 8.25 percent interest rate, his $98,000 loan is now at about $236,500.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!




News Source: Courant





 

Interesting Legal Sites You May Like


BCG FEATURED JOB

Locations:

Keyword:



Search Now

Business Litigation Attorney

USA-CA-Santa Monica

Santa Monica office of our client seeks business litigation attorney with 1-3 years of experience. T...

Apply Now

Intellectual Property Litigation / Enforcement Associate Attorney

USA-CA-San Francisco

San Francisco office of our client seeks intellectual property litigation / enforcement associate at...

Apply Now

Corporate Attorney

USA-CA-Menlo Park

Menlo Park office of sophisticated boutique firm is seeking a corporate attorney with experience in ...

Apply Now

Mid-level Computer Science Patent Attorney

USA-CA-San Francisco

San Francisco office of our client seeks mid-level patent attorney with 3-5 years of intellectual pr...

Apply Now

RELEVANT JOBS

Associate Attorney

USA-OK-Oklahoma City

Hobbs Straus Dean & Walker, LLP, a national law firm with offices in Washington D.C., Portland, Okla...

Apply now

Oil and Gas Attorney – Houston or The Woodlands

USA-TX-Houston

Position requirements: JD with a strong academic record Must be licensed to practice law in th...

Apply now

PARALEGAL

USA-AZ-Tucson

Paralegal preferably with experience in Workers\' Compensation and other Civil Litigation.  Job...

Apply now

Litigation Secretary

USA-CA-Los Angeles

$25 - $30 an hour Part-time Downtown Los Angeles law firm with offices in San Diego and West P...

Apply now

SEARCH IN ARCHIVE

To Top