Case Details for "Student Loan Xpress & Silver State Helicopters"

Silver State Helicopters settles class action lawsuit

Student Loan Xpress has agreed to forgive almost $113 million in debts for students of Silver State Helicopters, a flight school that closed in February 2008.

The $112.7 million agreement involved 12 states and Student Loan Xpress, a member company of New York-based CIT Group Inc. The settlement requires the loan company to forgive 75 percent of the amount borrowed by the majority of Silver State Helicopter's 2,700 students.  The percentage of loan forgiveness varied by the amount of training that students successfully completed.

Posted on:2009-10-27
Company: Student Loan Xpress & Silver State Helicopters
Class:
Scope: Nationwide
Type of Case: Consumer
Settlement Administrator:

Settlement questions may be directed to settlementquestions@gmail.com

Contact Us Regarding This Settlement:

First Name
Last Name
Email Address
Phone Number
State of Residence	Please select Outside of US or Canada Canada Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District Of Columbia Florida Georgia Guam Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Palau Pennsylvania Puerto Rico Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virgin Islands Virginia Washington West Virginia Wisconsin Wyoming
Name of Company At Issue
Description / Explanation
Security Code Please enter the code provided in the text box to submit this form.