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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 ...
Alrena Dale, 61, got $155,000 in student loans discharged through bankruptcy. Biden's new bankruptcy guidance, aimed at easing the process for borrowers, made that possible. Some attorneys told BI ...
Closed school discharge: If your school closed while you were attending (or soon after you withdrew), you may qualify to have your federal student loans discharged.
Student loans may be discharged through bankruptcy, but this is difficult. [2] Research shows that access to student loans increases credit-constrained students' degree completion, later-life earnings, and student loan repayment while having no impact on overall debt. [3]
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 ineligible for ...
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 ...
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