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The new processes established by the Department of Justice in 2022 has made it easier for borrowers to discharge student loans through bankruptcy. Filing for student loan bankruptcy is never ideal ...
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...
Key takeaways. Loans, medical debt and credit card debt are generally all able to be discharged through bankruptcy. Tax debt, alimony, spousal or child support and student loans are all typically ...
Alrena Dale, 61, was working multiple jobs to afford her monthly student-loan payments. Then came Biden's new bankruptcy guidance. How a student-loan borrower got $155,000 in debt wiped out ...
Bankruptcy won’t discharge student loan debt. However, there are options to make your payments more manageable. Borrowers with federal student loans can pursue deferment or forbearance for up to ...
Student loans are considered investments in the debtor’s future earning potential, said Levon L. Galstyan, CPA at Oak View Law Group. Therefore, Galstyan said it is in the public interest to ...
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