Opinions expressed by Forbes Contributors are their own. Robert Farrington writes about higher education and student loans. WASHINGTON, UNITED STATES - FEBRUARY 28: A sign reading Cancel Student ...
Still, they said many lawyers are reluctant to lean into the new process, and more outreach and education on navigating bankruptcy for student loans would help. Dale said the overwhelming emotion ...
In the fall of 2022, the U.S. Department of Education and the U.S. Department of Justice jointly released updated bankruptcy guidelines aimed at making the process for student loan borrowers less ...
You recently declared bankruptcy. It's not impossible to refinance student loans ... lender will pay off the loan with your current lender. While you wait during this process, keep making payments ...
Borrowers have options when applying for student loan forgiveness. The most common is Public Service Loan Forgiveness (PSLF).
Once you file, an automatic stay goes into effect, which is a powerful legal protection that stops creditors from pursuing ...
The bill would also streamline and automate the PSLF application process ... of thousands of student loan borrowers who were defrauded by predatory schools. The bankruptcy code treats student ...
Bankruptcy courts are vigilant about ensuring the process is not abused. As a result, concealing assets, making fraudulent ...
WASHINGTON, D.C. - Memphis Congressman Steve Cohen (TN-9), along with other representatives, reintroduced a bill that would allow people to file bankruptcy on private student loans. In a statement ...
I am currently in the process. Discover told me that bankruptcy won't help me as student loans are exempt from bankruptcy. I am going to try anyway. My daughter has no credit cards or loans other ...
barring loan forgiveness — which is a political hot potato right now — you have to pay. Federal student debt is generally not dischargeable, even in most bankruptcy proceedings. You really ...