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23 May 2024, 2:05 pm
Now that we have more clarity on student loan discharges in bankruptcy, we are proud to start accepting clients for bankruptcy and student loan discharges. [read post]
The result of the CFPB’s multi-year study of the BNPL industry is what the CFPB calls an interpretive rule in which it finds that: (1) “digital user accounts” (each a “DUA”) that may be used to access credit are “credit cards” under Regulation Z; (2) the lenders that issue such accounts are “card issuers;” and (3) that as it relates to traditional BNPL loans (loans that are payable in four or fewer installments with no finance… [read post]
23 May 2024, 7:24 am by Cathy Moran
Credit card debt, medical debt, personal loans, auto accident claims can all be discharged in bankruptcy. [read post]
23 May 2024, 4:43 am by jweil
Here’s how it applies to each: Chapter 7 Bankruptcy (Liquidation): This is often called a “fresh start” bankruptcy because it allows you to discharge most unsecured debts like credit cards, medical bills, and personal loans. [read post]
Combined with $195 billion in hotel loans maturing during the next three years, and/or rising technical defaults resulting from failing to meet debt service coverage ratios, property owners will be compelled to inject fresh capital which may require deal restructuring or an outright asset sale. [read post]
22 May 2024, 1:33 pm by Law Lady
BANK, N.A., a national banking association; and FEDERAL HOME LOAN MORTGAGE CORPORATION, a federally chartered corporation, Appellees. [read post]
22 May 2024, 12:00 pm by Mary Chastain
The administration has already canceled $167,000,000,000 in student loans. [read post]
22 May 2024, 7:01 am by Associated Press
The Biden administration is canceling student loans for another 160,000 borrowers through a combination of existing programs. [read post]
21 May 2024, 9:05 pm by renholding
Fintech captures the hardware and software used to execute fundamental financial functions such as transferring, borrowing, loaning, saving, or investing funds. [read post]
21 May 2024, 9:01 pm by Austin Sarat
Wade, expanding gun owners’ rights to carry firearms in public, allowing business owners to refuse to work with lesbian and gay customers, striking down President Joe Biden’s student loan forgiveness plan, and constraining Biden’s power to combat climate change. [read post]
21 May 2024, 3:18 pm by Chris Williams
Cornell Law Raises Salary Cap For Public Interest Loan Repayment Program: Quite the bump in salary! [read post]
21 May 2024, 1:15 pm by Tobin Admin
The CGL Policy specified that Nationwide “will pay those sums that the insured becomes legally obligated to pay as damages because of ‘bodily injury’ or ‘property damage’ to which this insurance applies,” but it included an exclusion for “Aircraft, Auto or Watercraft” that provides in part: This insurance does not apply to: … “Bodily injury” or “property damage” arising out of the ownership, maintenance, use or… [read post]
21 May 2024, 11:33 am by Richard West
Secured debts, such as mortgages or car loans, are generally not included in the program. [read post]
21 May 2024, 9:06 am by Adam Klasfeld
Klasfeld’s reporting is part of Just Security’s Trump Trials Clearinghouse. [read post]
21 May 2024, 8:55 am by Chris Skelton
For example, this might involve false statements on a loan application or a DUI that resulted in injuries. [read post]
21 May 2024, 8:00 am by Paul Caron
. __ (2024): Student debt cancellation is an increasingly important form of subsidy for higher education and reflects a shift toward financing higher education with income-contingent loans. [read post]
21 May 2024, 6:46 am by Marcia Coyle
” Mistakes like these, he wrote, can lead lenders to insist on higher interest rates or other terms that make it “difficult or impossible” for consumers “to obtain a mortgage, auto loan, student loan, or other credit. [read post]
21 May 2024, 6:30 am
  During that period, the company received a federal Payroll Protection Plan loan but slashed its workforce. [read post]