National Collegiate Student Loans Trust 2005-1 v. Kristen Pleasant Patsy Brown

CourtLouisiana Court of Appeal
DecidedDecember 18, 2024
Docket55,971-CA
StatusPublished

This text of National Collegiate Student Loans Trust 2005-1 v. Kristen Pleasant Patsy Brown (National Collegiate Student Loans Trust 2005-1 v. Kristen Pleasant Patsy Brown) is published on Counsel Stack Legal Research, covering Louisiana Court of Appeal primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
National Collegiate Student Loans Trust 2005-1 v. Kristen Pleasant Patsy Brown, (La. Ct. App. 2024).

Opinion

Judgment rendered December 18, 2024. Application for rehearing may be filed within the delay allowed by Art. 2166, La. C.C.P.

No. 55,971-CA

COURT OF APPEAL SECOND CIRCUIT STATE OF LOUISIANA

*****

NATIONAL COLLEGIATE Plaintiff-Appellee STUDENT LOAN TRUST 2005-1

versus

KRISTEN PLEASANT Defendants-Appellants PATSY BROWN

Appealed from the Fourth Judicial District Court for the Parish of Ouachita, Louisiana Trial Court No. 2021-0418

Honorable Alvin Rue Sharp, Judge

PLEASANT & WILLIAMS, THE Counsel for Appellants BARRISTERS’ LAW GROUP, LLC By: Jessica W. Williams

SESSIONS, ISRAEL & SHARTLE, LLC Counsel for Appellee By: Justin H. Homes

EATON GROUP ATTORNEYS, LLC By: Gregory M. Eaton Lewis E. Eaton Matthew J. Sylvest Markita Hawkins

Before COX, THOMPSON, and MARCOTTE, JJ. COX, J.

This civil appeal arises from the Fourth Judicial District Court,

Ouachita Parish. The trial court granted summary judgment in favor of the

plaintiffs, National Collegiate Student Loan Trust 2005-1 (“NCSLT”) to

enforce an outstanding student loan account. Defendants, Kristen Pleasant

(“Kristen”) and Patsy Brown (“Brown”) (collectively, “Appellants”),

appealed. For the following reasons, we affirm.

FACTS

In 2004, Kristen obtained an Education One Undergraduate Loan

issued through Bank One, N.A.1 Pleasant’s mother, Brown, cosigned on this

loan and another separate student loan for Kristen’s husband, Richard

Pleasant.

On February 8, 2021, NCSLT filed a lawsuit against Kristen and

Brown2 as codefendants to collect on an outstanding student loan account in

the amount of $33,638.19, together with an accrued interest of $16,525.00,

an additional 3.5% interest from the date of judgment, and costs of the

proceedings. NCSLT also filed a request for admission of facts and filed

into the record an “Affidavit and Verification of Account” executed by Anna

Kimbrough, the custodian of records for Transworld Systems Inc., (“TSI”) a

subservicer for NCSLT, with accompanying documents related to the loan.

Collectively, the petition, affidavit, and the attached documentation

indicated Kristen entered into a Non-Negotiable Credit Agreement (“Credit

Agreement”) with Bank One to obtain an undergraduate student loan. The

1 Bank One, N.A. was acquired by JP Morgan Chase Bank, N.A. in 2004. 2 Kristen and Brown, collectively as codefendants, were also sued in five other student loan collection actions in Ouachita Parish, brought by a different but related plaintiff to NCSLT. attached Disclosure Statement to Kimbrough’s affidavit indicated the loan

was disbursed on November 10, 2004, in the amount of $18,764.00, with an

origination fee of $2,201.36. With an additional finance charge, Kristen’s

total amount owed, over the course of repayment, was estimated to be

$53,104.80.

Kimbrough explained that all information and documentation related

to the loan was provided to TSI by American Education Services (“AES”)

the previous loan servicer for National Collegiate. The attached Pool

Supplement purports that Bank One transferred, sold and assigned this loan

in tandem with several other loans (“Loan Pool”) to National Collegiate

Funding, LLC (“National Collegiate”) on February 23, 2005, while the loan

was in good standing. According to Kimbrough’s affidavit, on that same

day, National Collegiate subsequently transferred and sold the Loan Pool,

which included Kristen’s loan, to NCSLT, assigning all its rights, title, and

interest in the Loan Pool to the entity as indicated by the Deposit and Sale

Agreement in the record. According to the attached Loan Payment History

Report, Kristen’s last payment on the loan was on August 28, 2020, in the

amount of $20.00.

On February 22, 2021, Appellants filed exceptions of no right of

action and lack of procedural capacity and vagueness, arguing that under La.

C.C.P. art. 699, only a trustee of NCSLT has the procedural capacity to file

suit. Appellants further argued that NCSLT failed to set forth a right of

action because its petition was vague and failed to sufficiently allege or

present exhibits which show NCSLT obtained the rights over Kristen’s loan

which would allow it to enforce a right or interest in the non-negotiable

promissory note. On March 1, 2021, Appellants moved to consolidate this 2 action with five other related actions filed against Kristen and Brown, and

six actions filed against Richard and Brown.

On May 10, 2021, NCSLT filed its opposition, arguing first that under

Delaware law, 12 Del. C. 3801, it is a registered business trust with the

explicit right to sue and be sued, and is thus recognized as a juridical person

under Louisiana law, La. R.S. 9:1725(3). Second, NCSLT argued that its

petition sufficiently alleged it was the owner of the loan as assigned and

transferred by Bank One, and further, Kimbrough’s affidavit and the

accompanying exhibits reflect that Kristen’s specific loan was transferred

from Bank One, Kristen’s payment history, and a copy of the note Kristen

signed, which included the terms and conditions, as well as the Disclosure

Statement.

On June 14, 2021, a hearing on the exceptions was held, wherein the

trial court took the matter under advisement. On July 13, 2021, the trial

court overruled Appellants’ exceptions in consideration of the Third

Circuit’s decision in National Collegiate Student Loan Trust 2006-1 v.

Thomas, 21-90 (La. App. 3 Cir. 6/2/21), 322 So. 3d 374, in which the court

held that a business trust that is recognized as a juridical person in another

state has the same capacity to bring a civil suit in Louisiana courts.

On November 3, 2022, Appellants filed their answer to NCSLT’s

petition, generally denying the allegations of the petition, and asserting

affirmative defenses of lack of procedural capacity, vagueness, and no right

of action. On May 11, 2023, NCSLT filed for summary judgment, alleging

that Appellants failed to raise any genuine issues of material fact in response

to the allegations, and instead purported only general and unsupported

3 affirmative defenses without sufficient evidence to satisfy their burden of

proof.

On October 5, 2023, Appellants filed an opposition to the motion,

arguing that the information provided in Kimbrough’s affidavit was not

based on personal information; therefore, she was unable to testify about the

accuracy of the records NCSLT submitted regarding the loan. Appellants

argue that the evidence submitted, which allegedly shows that NCSLT

properly obtained the loan, is inadmissible as it lacks foundation, and is

merely hearsay. In support, Appellants filed an affidavit, admitting that

Kristen and Brown “obtained student loan funds from a student loan lender,

who in turn, assigned the student loan account to one of the trusts.”

However, Appellants maintain that numerous payments were made toward

the loan obligation, and the balance on the loan was “far less than $90,000.”

On October 19, 2023, a hearing for NCSLT’s motion for summary

judgment was held, and after further briefing on the matter, the trial court

granted judgment in favor of NCSLT. On July 30, 2024, an amended

judgment was signed, awarding NCSLT the full amount prayed for in its

original petition. This appeal followed.

DISCUSSION

On appeal, Appellants present three assignments of error, arguing that

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National Collegiate Student Loans Trust 2005-1 v. Kristen Pleasant Patsy Brown, Counsel Stack Legal Research, https://law.counselstack.com/opinion/national-collegiate-student-loans-trust-2005-1-v-kristen-pleasant-patsy-lactapp-2024.