New Health Care Reform Bill May Hold Some Surprises For Student Loan Debtors
In a bill that is suppose to address the current health care issues facing the country there are a few surprises for debtors struggling under the weight of student loans. As of July 2010,...
A Supreme Court Victory For Student Loan Debtors
A Student Loan debtor who received a bankruptcy discharge on their student loans won the battle to keep his student loan bankruptcy discharge. The Supreme Court ruled that although an "undue hardship" hearing should...
Three Things You Need To Know About Bankruptcy And Student Loans
Facts About Bankruptcy and Student Loans Student Loans are Very Difficult to Discharge in Bankruptcy However, they can be discharged in either Chapter 13 or Chapter 7 bankruptcy under certain circumstances. There are two...
The State Of The Union: Student Loans and Bankruptcy
Many Americans drowning in student loan debt and many of those considering college listened to President Obama with much anticipation as he tackled the issue of crippling debt burdening most Americans who pursue a...
Are There Other Ways To Discharge My Student Loans Besides Bankruptcy? (Part II)
As we mentioned in Part I, most debtors find it difficult to discharge their student loans in bankruptcy. However, there are several other ways to discharge your student loans before, after or even during...
Are There Other Ways To Discharge My Student Loan Besides Bankruptcy? (Part I)
As we have previously mentioned, discharging a student loan in bankruptcy can be difficult to say the least. In order to receive a bankruptcy discharge for your student loans, you must be able to...
Are Low-Income Student Loan Borrowers At Higher Risk Of Default?
Over 21 percent of student loan borrowers who attended a for-profit college default on their student loans within 3 years, according to a report released by the U.S. Department of Education. For-profit colleges claim...