Filing for bankruptcy to eliminate student loan debt has long been seen as nearly impossible - but changes in policy and ...
The report concludes that while the new system is working well for the few who use it, most eligible borrowers are missing out on a fresh start.
Millions of people have gotten a break from paying their federal student loans during the pandemic. But there's been no relief for millions of others with private student loans who may not realize ...
People with private student loans have been struggling during the pandemic. Their loans aren't eligible for the government's penalty-free repayment pause, which is in effect until at least Oct. 1 for ...
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What is Rule 523 in bankruptcy?
Rule 523 dictates the debts you can't erase through bankruptcy (and the list might surprise you).
It's easy to blame borrowers. But are we ensuring students and families actually have the information they need to make ...
A lawyer managed to get own his massive, years-old student debt thrown out in New York bankruptcy court this week, after he was able to prove the burden was so huge he could never afford to pay it.
Even since a major reform of the bankruptcy laws in 2005, discharging private student loans through bankruptcy has been very difficult if not almost impossible. But on Aug. 31, 2020, a court affirmed ...
Chapter 7 bankruptcy offers relief from your debt, but the limitations of this approach can impact your finances.
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