According to studentaid.gov, proving undue hardship requires the bankruptcy court to recognize one of the following situations: That repaying your student loans would prevent you from maintaining ...
The Biden administration's new student loan bankruptcy policy is making it easier for borrowers to walk away from their debt in court, attorneys say. "We have gotten forgiveness for a number of ...
Alrena Dale, 61, had her six-figure student-loan balance wiped out after decades of payments. She's one of hundreds of borrowers who have received relief after new changes to the bankruptcy process.
Borrowers have options when applying for student loan forgiveness. The most common is Public Service Loan Forgiveness (PSLF).
With President Donald Trump back in the White House, a number of student loan programs face uncertainty. Trump is a vocal ...
Bankruptcy courts are vigilant about ensuring the process is not abused. As a result, concealing assets, making fraudulent ...
You have always prepared your business’s tax returns yourself. However, your tax return has become more complicated due to the growth of your business or other factors. Thus, you have decided to ...
The short answer is yes, most collections debt can be eliminated through bankruptcy, but the type of bankruptcy you file ...
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 ...
You recently declared bankruptcy. It's not impossible to refinance student loans if you've declared bankruptcy, but it's more difficult. Many lenders require that a certain amount of time — up ...
Alrena Dale, 61, was working multiple jobs to afford her monthly student-loan payments. Then came Biden's new bankruptcy guidance. Economy 2024-12-20T17:53:23Z Biden is withdrawing his broader ...