In re Kennedy
United States Bankruptcy Court, D. Kansas
1Opinion of the Court
Memorandum Opinion and Order Overruling Debtor’s Objection to the Proof of Claim of Creditor Navient Solutions, Inc.
Janice Miller Karlin, United States Chief Bankruptcy Judge
Admittedly, a $22,400 charge for collection costs on a $101,000 student loan debt is a breathtaking amount of money, especially for someone who finds herself in bankruptcy. No doubt a 22.5% collection cost rate is high. Recognizing this, Chapter 13 Debtor Jennifer Kennedy objects to the proof of claim of Creditor Navient Solutions, Inc. (“Navient”), arguing that the collection costs included in its proof of claim are not…
2Cases cited15 opinions
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- United States v. Mead Corp.Supreme Court of the United States · 2001
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- Wilson v. Broadband Wireless International Corp. (In Re Broadband Wireless International Corp.)Bankruptcy Appellate Panel of the Tenth Circuit · 2003
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