Friday, March 26, 2010

KeyBank Update

This is a status update for all of my clients with KeyBank loans. I have signed a confidentiality agreement with counsel for KeyBank and am renewing my attempts to negotiate a proposed settlement agreement that I can recommend to you. I do not have any such agreement yet. Meanwhile, Andy August of Pinnacle Law Group is litigating a California Class Action Case against KeyBank. There is a hearing on KeyBank's Motion to Dismiss set for Monday, March 29, 2010. Although this action is limited to California students, if it is successful, it may help me to help former SSH students with KeyBank loans throughout the country.