Our client was sued by the National Collegiate Student Loan Trust, which claims that it is the holder of the defendant’s student loan. As with most similar cases we’ve handled, NCSLT does not have the necessary paperwork to prove they own the account and the legal right to collect. NCSLT does not want to divulge the trade secrets upon which its predatory business model is founded. Thus, after ignoring this defendant’s request for documents and three attempts to schedule the deposition of their corporate representative, NCSLT, chose to dismiss the case. Once again, when pushed to “Fish or cut bait,” NCSLT instead chooses to jump off the boat. NCSLT was represented by the Atlanta based creditors’ firm, Lazega & Johanson. The case was NCSLT 2005-3 vs. Lauren B., State Court of Hall County, Georgia.