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Sen. Elizabeth Warren led some of her colleagues in calling on Biden's administration to bolster outreach to student-loan borrowers on bankruptcy.
More student loan borrows have successfully received debt relief through bankruptcy after the Biden administration made a policy change to make the process easier nearly two years ago, according ...
How Justice Department changes have made student loan bankruptcy easier. On Nov. 17, ... However, new rules and guidance could make the process easier for distressed 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...
Updated October 14, 2024 at 11:09 AM. ... Reforming guidance for student loan bankruptcy is one example of a debt relief tactic that has been less vulnerable to lawsuits. The administration has ...
In January, the Justice Department updated the attestation form that borrowers must complete to seek bankruptcy discharge of their federal student loans, Forbes reported. These changes include ...
New guidance. In theory, student loan debt can be discharged in a bankruptcy proceeding. If the bankruptcy court approves the discharge, the debtor has to submit a separate filing to prove ...
Jason Iuliano, associate professor of law at the University of Utah and an expert on student loan bankruptcy law, told Yahoo Finance that the bill's 10-year waiting period was noteworthy.
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