Search for: "Student Loan Test"
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19 Feb 2015, 8:01 pm
As reported by Robin Miller of CBAR, a Debtor with limited earning capacity satisfied Brunner test for discharge of student loan debt. [read post]
Justice Department announces new guidance for handling bankruptcy discharge of federal student loans
1 Dec 2022, 11:41 am
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
She had a total of about $340,000 in student loan debt. [read post]
11 May 2016, 7:25 pm
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
One of the amendments sets forth the terms of eligibility for students to be able to qualify for government subsidized student loans. [read post]
4 Jun 2012, 7:06 am
At that time, she did not list the holder of her student loans as a creditor. [read post]
2 Aug 2019, 3:39 pm
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]
31 Aug 2012, 11:46 am
"Student loans are really going to be the next big debt crisis. [read post]
12 Jan 2017, 4:00 am
Department of Education’s list of college programs with extremely high student loan debt compared with graduates’ earnings. [read post]
2 Sep 2015, 10:58 am
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
Many students today take out large loans in order to finance their educations and then spend years paying back those loans. [read post]
23 May 2013, 6:58 am
May 13, 2013) is a good example of the standard that must be met to discharge student loans. [read post]
20 Jul 2023, 7:51 am
’” “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
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
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
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]
14 Oct 2012, 1:27 pm
Until 1976, student loan debt was dischargeable, as well. [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 May 2013, 5:59 am
May 13, 2013) is a good example of the standard that must be met to discharge student loans. [read post]
