MIAMI – The federal government is suing a St. Lucie County man who allegedly defaulted on a student loan from the Department of Education dating back to 2000.
The United States of America filed a lawsuit Dec. 31, 2015, in U.S. District Court for the Southern District of Florida against Hans Kraaz, alleging breach of contract.
According to the complaint, Kraaz borrowed $37,420.45 from the Department of Education on April 20, 2000, under the William D. Ford Federal Direct Loan Program. With 8.25 percent interest still accruing, Kraaz owes $37,442.08 toward the loan’s principal, interest of $35,394.94 and attorney’s fees of $500, bringing the total amount owed to $73,337.02.
The plaintiff seeks payment in full plus litigation costs. It is represented by attorney Jennifer Margolis Marquez of Newman & Marquez P.A. in Coral Gables.
U.S. District Court for the Southern District of Florida Case number 2:15-cv-14446