Lawyer Brian Manookian shared steps for suing student loan lenders Friday hours after the US Supreme Court struck down President Biden’s plan to forgive student debt.
Biden’s plan, announced in August, would have canceled up to $10,000 in federal student debt for Americans earning under $125,000 or households making under $250,000, and eliminated up to $20,000 for Pell recipients.
Manookian, who attended Vanderbilt University Law School, told The Post he took out two loans from JP Morgan and Bank One for $60,000 to pay for his education, chipping away at his students loan debt for “upwards of a decade.” Manookian plans on starting a website to show others how they can get their student loan debts wiped through the courts.The lender said he would have to pay the student loans off to qualify for a mortgage so Manookian reached out to his loan company to get a final figure. The lawyer said he had no idea who he was speaking with when he got on the phone.
He subsequently took the companies to court in his home state to find out if they were in fact holding his loan. They failed to respond and he got an automatic win from the court known as a default judgment.
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