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Student Loans

Allmand Law Firm
December 7, 2009 Student Loans

Supreme Court Hears Student Loan Dispute

Last year we highlighted a Chapter 13 bankruptcy case where student loan debt was partially discharged. The bankruptcy discharge was challenged by the creditor and has made its way to the Supreme Court.  Here...

Allmand Law Firm
October 29, 2009 Student Loans

Avoiding Student Loans Seems Impossible For Texas’ Future College Students

According to an article in the Dallas Morning News, Parents who invested in Texas' prepaid tuition plan to pay for their child's education and avoid student loans may be out of luck after November...

Allmand Law Firm
October 25, 2009 Student Loans

U.S. Supreme Court To Consider Student Loan Discharge In Bankruptcy

According to an article in Forbes , the U.S. Supreme Court will listen to oral arguments for and against the discharge of student loans in bankruptcy.  The debate will center around the Chapter 13...

Allmand Law Firm
October 12, 2009 Student Loans

Are Private Students Loans The Subprime Arena Of Higher Education?

Private student loans have been in the headlines lately with government efforts to restrict them and make them eligible for bankruptcy discharge. But what isn't being talked about is the fact that private loans...

Allmand Law Firm
September 27, 2009 Student Loans

Will Student Loans Soon Become Dischargeable In Bankruptcy?

Student loans are almost impossible to discharge in bankruptcy, with exception of undue hardship as most graduates who have fallen upon hard times have eventually discovered.  But according to an article in Inside Higher...

Allmand Law Firm
September 24, 2009 Student Loans

Texas Student Loan Defaults 2nd Highest Nationwide

According to an article in the Dallas Morning News, Texans are defaulting on their student loan debt at an alarming rate. The article said: "In Texas, 9.3 percent of borrowers defaulted on their federal...

Allmand Law Firm
September 24, 2009 Student Loans

Big Banks May Be Locked Out Of Student Loan Subsidies

According to an article in Reuters, the U.S. House of Representatives approved legislation last week that would cut major banks and student loan giant Sallie Mae out of a large slice of the $92...