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2 Sep 2007, 12:04 pm
In Cook and Anor v Permanent Mortgages Pty Ltd [2007] NSWCA 219 the New South Wales Court of Appeal rejected an appeal by the defendant borrowers against the relief they were given from an unjust loan contract in their original trial in Permanent Mortgages v Cook. [read post]
23 Apr 2015, 10:38 am
  Shortly thereafter, however, Defendant Bank sent Plaintiff a letter stating his loan would be serviced by Defendant Loan Servicer and Defendant Bank sent Plaintiff another letter stating it was unable to offer Plaintiff a DIL. [read post]
30 Jun 2023, 11:51 am by Scott Bomboy
A divided Supreme Court on Friday has struck down an expansive debt-relief program for student loans created during the Covid-19 pandemic.In a 6-3 ruling in Biden v. [read post]
20 Feb 2018, 5:00 am by John L. Culhane, Jr.
” Articles V and VI provide that a borrower has a right to “a monthly billing statement” and quarterly periodic statements containing certain information. [read post]
14 May 2019, 8:54 am by Brian Slagle and John L. Culhane, Jr.
Because the federal district court for the District of Columbia found provisions of the District’s student loan servicing law to be preempted by the Higher Education Act in Student Loan Servicing Alliance v. [read post]
5 Jul 2023, 9:29 am
  The cancellation of such a large sum involves a modification far beyond anything that was contemplated by Congress in 2003.The Biden Administration replied to this by stating it was also given the power to “waive” requirements of the Student Loan Act, and this would be a waiver of the obligation to repay the amount borrowed. [read post]
17 Jun 2009, 7:40 am
The United States Supreme Court agreed on Monday to  decide whether an individual who owes on a student loan may wipe out a portion of the debt in a bankruptcy without showing that the debt posed an “undue hardship. [read post]
19 Jul 2023, 9:05 pm by Katherine Shaw
The Court found that because MOHELA, a state-created loan servicing agency, was an instrumentality of Missouri “subject to the state’s supervision and control,” an injury to MOHELA was, in turn, an injury to the state. [read post]