Tag Archives: Brunner Test
New Legislation may Mean Changes for Private Student Loan Discharges
A new initiative by the Obama administration could ease the path to bankruptcy for borrowers of private student loans. As reported by Inside Higher Ed, the United States Department of Education (DOE) recently released information regarding the Student Aid Bill of Rights, a collection of proposals to help borrowers who are having trouble with… Read More »
There is Rarely Any Student Loan Relief in Bankruptcy
Bankruptcy is often seen as a fresh financial start, providing individuals with a path out of debt and towards better money management habits. Each year, the U.S. Bankruptcy courts receive thousands of petitions from individuals hoping to discharge their debts and start anew. But some types of debt are so strong that they even… Read More »