In the United States 43 million people are burdened by student loan debt that totals more than 1.5 trillion dollars. In Florida 2.4 million Floridians carry school debt totaling … [Read more...]
U.S. Department Of Education To Evaluate Student Loan Debt In Bankruptcy
The U.S. Department Of Education has requested public comment on the factors to be considered in evaluating undue hardship claims asserted by student loan borrowers in adversary … [Read more...]
Senior Citizens And Student Loan Debt
According to the Consumer Financial Protection Bureau student loan debt owed by borrowers aged 60 and older has quadrupled over the last 10 years. The average amount owed has … [Read more...]
Possible Relaxation Of Student Loan Undue Hardship Test?
Under the Brunner “undue hardship” test it is extremely difficult to cancel student loan debt in bankruptcy. Some courts are beginning to relax this test, as we can see from a … [Read more...]
Loan Forgiveness of Federal Student Loans
If your school mislead you, or violated laws relating to your student loan or the educational services that your loan paid for, you can apply to the U.S. Department Of Education … [Read more...]
