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19 Feb 2015, 8:01 pm by Mike Shovan
As reported by Robin Miller of CBAR, a Debtor with limited earning capacity satisfied Brunner test for discharge of student loan debt. [read post]
In conjunction with efforts to forgive federal student debt for certain borrowers, President Biden’s Justice Department recently announced new guidance for its attorneys to use when deciding whether to recommend that a bankruptcy judge discharge an individual’s federal student loans. [read post]
3 Nov 2014, 4:55 am by jweil
She had a total of about $340,000 in student loan debt. [read post]
11 May 2016, 7:25 pm by Ethan
The post Discharging student loan debt in bankruptcy? [read post]
29 Aug 2011, 6:11 am
Our Redlands individual bankruptcy lawyers were interested to read about a rare case in which a student loan was discharged in bankruptcy. [read post]
13 Jul 2012, 10:33 am by Salcido Law
One of the amendments sets forth the terms of eligibility for students to be able to qualify for government subsidized student loans. [read post]
2 Aug 2019, 3:39 pm by Bob Lawless
In 1982, the Second Circuit applied these rules and created what is called the Brunner test to define undue hardship: (1) the debtor cannot maintain a "minimal standard of living" while repaying the student loans, (2) that state of affairs is likely to persist, and (3) the debtor made a good-faith effort to repay the student loans. [read post]
2 Sep 2015, 10:58 am by John L. Culhane, Jr.
Pursuant to a March 2015 Presidential directive, an interagency task force consisting of the Department of the Treasury, Department of Education, Office of Management and Budget, and Domestic Policy Council has issued recommendations on best practices in performance-based contracting intended to ensure that federal student loan servicers “help borrowers responsibly make monthly payments on their student loans. [read post]
18 Jul 2012, 9:12 am by Marie S. Newman
Many students today take out large loans in order to finance their educations and then spend years paying back those loans. [read post]
20 Jul 2023, 7:51 am by Dan Farber
’” “More than 80 student loan forgiveness bills and other student loan legislation” were considered by Congress during its 116th session alone. [read post]
22 Apr 2012, 9:45 pm by Rick Flume
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]
31 Jan 2023, 2:21 pm by Christie D. Arkovich, P.A.
Continue reading → The post Least Sophisticated Debtor Test and Strict Liability Under the FDCPA appeared first on Reboot Your Life: Tampa Student Loan and Bankruptcy Attorney Blog. [read post]
2 Feb 2015, 2:36 am by ericpatrick2016
For considering the discharge of student loans under bankruptcy proceedings, a standard of measurements knows as the Brunner Test is employed: -The plaintiff must be able to prove that they cannot afford a minimum standard of living for themselves and their dependents if forced to continue repaying the loans -Additional circumstances must exist to prove that the plaintiff’s current state of financial hardship is likely to continue for some time -And lastly… [read post]
25 Apr 2012, 7:30 am by Joe Kristan
Senate Majority leader Harry Reid has introduced S. 2343, the Stop the Student Loan Interest Rate Hike Act of 2012. [read post]