Search for: "Student Loan Test"
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23 May 2012, 1:36 pm
The definition of student loans now includes private student loans as well as the federally-guaranteed ones and most bankruptcy courts take a hard line on this test, making it extremely difficult to discharge a student loan in bankruptcy, but, in rare cases, possible. [read post]
22 May 2012, 7:33 am
And while other kinds of debt can be discharged in bankruptcy, student loans must still be paid barring “undue hardship,” a legal test that most courts have interpreted very narrowly. [read post]
12 May 2012, 7:11 am
The Johnson test requires a debtor to first demonstrate a current and future inability to make loan payments. [read post]
8 May 2012, 8:04 am
The average student in the class of 2010 owes roughly $25,000 in student loan payments, according to The Project on Student Debt. [read post]
8 May 2012, 6:04 am
Listen, I abhor standardized tests. [read post]
2 May 2012, 10:35 am
While it is certainly in the best interest of our future economy to keep federal student loan interest low, what we really need is to reform the Bankruptcy Code to allow for the discharge of student loans where debtors demonstrate a reasonable history of effort to pay their student loans but a present inability to pay them, not an absurd standard of probable future poverty as is the current case under the judicially created Brunner test… [read post]
2 May 2012, 9:56 am
You will find, and may have experienced it yourself, that the student loan debt incurred from attending law schools often exceeds six figures, and for private schools it is more precisely $92,000 on average according to Daniel Luzer's findings, as is also cited by Bainbridge. [read post]
29 Apr 2012, 11:34 am
Apart from the barrier to discharge imposed on student loan debtors created by the necessity of costly bankruptcy litigation, the other problem with student loans in bankruptcy is that the Brunner Test is as clear as mud. [read post]
28 Apr 2012, 7:11 am
Many law students think the bar exam tests on every minute detail of every law school subject. [read post]
27 Apr 2012, 7:24 am
He now says he supports keeping student loans where they were. [read post]
25 Apr 2012, 7:30 am
Senate Majority leader Harry Reid has introduced S. 2343, the Stop the Student Loan Interest Rate Hike Act of 2012. [read post]
23 Apr 2012, 7:52 pm
And while other kinds of debt can be discharged in bankruptcy, student loans must still be paid barring “undue hardship,” a legal test that most courts have interpreted very narrowly. [read post]
22 Apr 2012, 9:45 pm
As student loan debt has overtaken credit card debt in the United States, totaling over $850 billion this year, more and more well-meaning people are coming face-to-face with the reality of crippling student loan payments. [read post]
21 Apr 2012, 6:42 pm
To test this, all I need is a laptop and a sign saying “Hi, I am your reference librarian, please interrupt me. [read post]
19 Apr 2012, 4:12 pm
The LSAC administers the LSAT as well as the applications of students to law school. [read post]
18 Apr 2012, 2:31 pm
” In her post on the CFPB’s blog announcing the bulletin’s issuance, Patrice Ficklin, Assistant Director of the CFPB’s Office of Fair Lending and Equal Opportunity, states that the CFPB will use the “disparate impact” test when it looks “not only at mortgage lending, but also at other types of credit, including student loans, loans for cars, and credit cards. [read post]
18 Apr 2012, 10:31 am
One, from Fox Business, is headed Survey: Students Fail the Credit Card Test, An excerpt: American college students are laden with credit cards, use them frequently, and have no idea what they are doing. [read post]
18 Apr 2012, 9:15 am
So… with the number of defaulting loans continuing to rise each year since 2006, investors have incurred losses that now total well into the trillions. [read post]
16 Apr 2012, 10:23 am
Student loans were freely dischargeable. [read post]
16 Apr 2012, 10:23 am
Student loans were freely dischargeable. [read post]
