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  2. Student Loan Borrowers Are Filing Bankruptcy to Avoid ... - AOL

    www.aol.com/finance/student-loan-borrowers...

    Student loan payments resumed in October 2023, with the average payment estimated at $200 to $299 per month, according to U.S. Federal Reserve data reported on by Fox Business. See: Biden Cancels...

  3. Pros and cons of private student loans - AOL

    www.aol.com/finance/pros-cons-private-student...

    Up to $2,500 in private student loan interest each year may be ... Usually cannot be discharged in bankruptcy. Private student loans generally cannot be discharged when a borrower files for ...

  4. Student loans and bankruptcy: What you need to know - AOL

    www.aol.com/finance/student-loans-bankruptcy...

    Key takeaways. To get student loans discharged, you'll need to prove that they cause you "undue hardship." Borrowers can choose between Chapter 7 and Chapter 13 bankruptcy, but they must file a ...

  5. American Bankruptcy Institute - Wikipedia

    en.wikipedia.org/wiki/American_Bankruptcy_Institute

    The American Bankruptcy Institute is an organization of over 13,000 bankruptcy and insolvency professionals, including attorneys, judges, law professors, accountants, investment bankers and turn-around specialists. It bills itself as the "largest multi-disciplinary, non-partisan organization dedicated to research and education on matters ...

  6. Educational Credit Management Corporation - Wikipedia

    en.wikipedia.org/wiki/Educational_Credit...

    Since 1994, ECMC has operated in the areas of student loan bankruptcy management and loan collection. ECMC is one of a number of guaranty agencies that oversee student loans for the United States Department of Education. As a guarantor working on behalf of the U.S. Department of Education, ECMC charges fees to debtors and earns commissions from ...

  7. Private student loan bankruptcy: Everything you need to know

    www.aol.com/finance/private-student-loan...

    Discharging your private student loans is a complex process. For premium support please call: 800-290-4726 more ways to reach us

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