Seaman v. National Collegiate Student Loan Trust 2007-2

CourtDistrict Court, S.D. New York
DecidedOctober 11, 2019
Docket1:18-cv-01781
StatusUnknown

This text of Seaman v. National Collegiate Student Loan Trust 2007-2 (Seaman v. National Collegiate Student Loan Trust 2007-2) is published on Counsel Stack Legal Research, covering District Court, S.D. New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Seaman v. National Collegiate Student Loan Trust 2007-2, (S.D.N.Y. 2019).

Opinion

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK MUTINTA MICHELO, KATHERINE SEAMAN, MARY RE SEAMAN, and SANDRA TABAR, individually and on MEMORANDUM behalf of all others similarly situated, OPINION & ORDER Plaintiffs, 18 Civ. 1781 (PGG) 18 Civ. 7692 (PGG) - against - NATIONAL COLLEGIATE STUDENT LOAN TRUST 2007-2, NATIONAL COLLEGIATE STUDENT LOAN TRUST 2007-3, TRANSWORLD SYSTEMS, INC., in its own right and as successor to NCO FINANCIAL SYSTEMS, INC.; EGS FINANCIAL CARE INC., formerly known as NCO FINANCIAL SYSTEMS, INC.; and FORSTER & GARBUS LLP, Defendants.

CHRISTINA BIFULCO, FRANCIS BUTRY, and CORI FRAUENHOFER, individually □ and on behalf of all others similarly situated, Plaintiffs, -against- NATIONAL COLLEGIATE STUDENT LOAN TRUST 2004-2, NATIONAL COLLEGIATE STUDENT LOAN TRUST 2006-4, TRANSWORLD SYSTEMS, INC., in its own right and as successor to NCO FINANCIAL SYSTEMS, INC.; EGS FINANCIAL CARE INC., formerly known as NCO FINANCIAL SYSTEMS, INC.; and FORSTER & GARBUS LLP, Defendants.

PAUL G. GARDEPHE, U.S.D.J.: In these putative class actions, Plaintiffs allege that Defendants have orchestrated

a scheme to “fraudulently obtain default judgments . . . for unprovable debts” against them in

state court, and that Plaintiffs have carried out this scheme by, inter alia, filing documents containing false or deceptive information in those state proceedings. Plaintiffs assert claims for

violations of the Fair Debt Collection Practices Act (the “FDCPA”); New York General Business

Law (“GBL”) Section 349; and New York Judiciary Law Section 487. (Am. Cmplt. (Dkt. No. 60) 1, 12, 170-89; Bifuloo Cmplt. (Dkt. No. 1) ffi, 11, 167-86)! The Defendants in each

case have moved to dismiss. (See Michelo Mot. (Dkt. No. 80); Bifulco Mot. (Dkt. No. 37)) In a September 30, 2019 Order (Michelo Dkt. No. 107; Bifulco Dkt. No. 59), this

Court granted Defendants’ motions in part, and denied Defendants’ motions in part. The purpose of this Opinion is to explain the Court’s reasoning. BACKGROUND? I Facts Plaintiffs Muninta Michelo, Katherine Seaman, Mary Re Seaman, and Sandra

Tabar (collectively, the “Michelo Plaintiffs”) are current or former New York City residents and

holders of student loan debt. (Am. Cmplt. (Dkt. No. 60) ff] 22-25) Plaintiffs Christina Bifulco, Francis Butry, and Cori Frauenhofer (collectively, the “Bifulco Plaintiffs”) are residents of Erie

County, New York, and likewise hold student loan debt. (Bifulco Cmplt. (Dkt. No. 1) 21-23)

| references or citations to the “Amended Complaint” are to the Amended Complaint in Michelo et al. v. National Collegiate Student Loan Trust 2007-2, et al., 18 Civ. 1781 (PGG). All references or citations to the “Bifulco Complaint” are to the Complaint in Bifulco et al. v. National Collegiate Student Loan Trust 2004-2, et al, 18 Civ. 7692 (PGG). 2 Unless otherwise noted, the following facts are drawn from the Amended Complaint and the Bifuleo Complaint, and are presumed true for purposes of resolving Defendants’ motion to dismiss. See Kassner v. 2nd Ave. Delicatessen, Inc., 496 F.3d 229, 237 (2d Cir. 2007).

Defendants in the Michelo action are two student loan trusts, their servicing agents, and a law

firm retained by the trusts; Defendants in the Bifulco action are two different, but related, loan

trusts, and the same servicing agents and law firm named in the Michelo action.’

Plaintiffs were each sued by one of the trusts — acting through the trusts’ law firm

_ in state-court debt collection proceedings initiated between 2013 and 2015. (Am. Cmplt. (Dkt.

No. 60) {{{ 63, 83, 114; Bifulco Cmplt. (Dkt. No. 1) 62, 94, 123) Plaintiffs allege that these

suits are part of Defendants’ “fraudulent scheme to make false representations to consumers and.

in court filings to obtain payments on debts they cannot prove they are owed,” and have filed this

action on behalf of a putative class of the scheme’s alleged victims. (Am. Cmplt. (Dkt. No. 60) □

1; Bifulco Cmplt. (Dkt. No. 1) { 1) A. Overview of Defendants’ Alleged Scheme National Collegiate Student Loan Trust 2007-2, National Collegiate Student Loan

Trust 2007-3, National Collegiate Student Loan Trust 2004-2, and National Collegiate Student

Loan Trust 2006-4 (collectively, “National Collegiate” or “the “Trust Defendants”) are Delaware

statutory trusts doing business in New York. (Am. Complt. (Dkt. No. 60) {fj 26, 27; Bifulco

Complt. (Dkt. No. 1) fff 24, 25) The Trust Defendants hold a combined 15,080 loans made to

New York customers, with the principal loan amounts totaling over $191 million. (Am. Cmplt.

(Dkt. No, 60) ff] 26-27; Bifulco Cmplt. (Dkt. No. 1) {ff 24-25) Defendant NCO Financial

Systems, Inc. (“NCO”) — currently doing business as EGS Financial Care, Inc. (“EGS”) — was

the Trust Defendants’ servicing agent until November 1, 2014. EGS’s successor in that role is

Defendant Transworld Systems, Inc. (Am. Cmplt. (Dkt. No. 60) {| 28-29, 44-45; Bifulco Cmplt.

3 In this Opinion, “Plaintiffs” refers collectively to Plaintiffs in Michelo and Bifulco. Likewise, “Defendants” includes the Defendants in both actions.

(Dkt. No. 1) 43-44; 26-27) The servicing agents, in turn, maintain “a nationwide network of

debt-collection law firms|,] . . . through which [they] coordinate[] and implement{] collections

on National Collegiate’s behalf.” (Am. Cmplt. (Dkt. No. 60) § 47; Bifulco Cmplt. (Dit. No. 1) §

46) Defendant Forster & Garbus LLP (“Forster”) is one of those law firms. This New York-

based firm was “retained by National Collegiate to collect on consumer debt that National

Collegiate claims to own,” and “files and maintains actions in New York State courts seeking

debt collection” from National Collegiate’s purported debtors. (Am. Cmplt. (Dkt. No. 60) 30;

Bifulco Cmplt. (Dkt. No. 1) ¥ 28) According to Plaintiffs, Forster — on behalf of the other Defendants -- initiates

such suits even though Defendants “have no idea whether, and how much money, [the Trust

Defendants] are owed.” (Am. Cmplt. (Dkt. No. 60) ff 1; Bifulco Cmplt. (Dkt. No. 1) 1)

Defendants allegedly “use[] a variety of illegal tricks to deceive consumers and state courts into

believing that a National Collegiate Trust has a valid legal claim against consumers, when in

reality it does not.” (Am. Cmplt. (Dkt. No. 60) J 7; Bifulco Cmplt. (Dkt. No. 1) 77) These

“illegal tricks” include consistent misrepresentations in the state court complaints Forster files.

For example, these complaints “falsely state that [one of the] Trust [Defendants] is the ‘original

creditor’ of the loan at issue,” even though “[nJo National Collegiate Trust is the ‘original

creditor’? for any loan that is the subject of the Trust Defendants’ lawsuit. (Am. Cmpit. (Dkt.

No. 60) §f 8, 10; Bifulco Cmplt. (Dkt. No. 1) 87.14) The complaints also represent that

National Collegiate is “authorized to proceed” with the state debt collection actions. Plaintiffs

assert that this representation is false, because National Collegiate has not registered with the

New York Department of State or paid the taxes required of a foreign entity that regularly files

suit in New York state courts, (Am. Cmplt. (Dkt. No. 60) 11; Bifulco Cmplt. (Dkt. No. 1)

10) Finally, the state complaints falsely certify that the attorneys who signed the complaints

have meaningfully reviewed the claims asserted therein. Plaintiffs allege that the complaints

were “mass-produced by non-lawyers ... and then signed by attorneys who [have] done nothing

to confitm the validity of the allegations,” and that Forster “{ does] not possess, and did not

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