Filing for bankruptcy to eliminate student loan debt has long been seen as nearly impossible - but changes in policy and ...
Millions of people have gotten a break from paying their federal student loans during the pandemic. But there's been no relief for millions of others with private student loans who may not realize ...
The success rate for student loan borrowers who attempt to discharge their debt in bankruptcy has "jumped" to 87% in recent years, a new study finds. Still, few people pursue the option because of a ...
Since May 2025, the pandemic era pause on federal student loan payments and interest has officially ended, and collections on ...
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What is Rule 523 in bankruptcy?
Rule 523 dictates the debts you can't erase through bankruptcy (and the list might surprise you).
As things stand now, student loan borrowers are mostly barred from discharging their loans through bankruptcy. However, under the proposed FRESH START through Bankruptcy Act, borrowers can get their ...
People with private student loans have been struggling during the pandemic. Their loans aren't eligible for the government's penalty-free repayment pause, which is in effect until at least Oct. 1 for ...
Even since a major reform of the bankruptcy laws in 2005, discharging private student loans through bankruptcy has been very difficult if not almost impossible. But on Aug. 31, 2020, a court affirmed ...
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How to file for bankruptcy
Our guide gives you a step-by-step overview of filing for bankruptcy, ...
It's easy to blame borrowers. But are we ensuring students and families actually have the information they need to make ...
The student loan system feels increasingly unstable and that uncertainty is now driving more people to look for relief.
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