・Student loans can be discharged in bankruptcy, but it’s rare. Only about 0.04% of borrowers who file for bankruptcy succeed in getting relief. ・Undue Hardship is a standard that must be met, but due ...

The Biden administration's more lenient policy toward student loan borrowers in bankruptcy court may come to an end with the election of Donald Trump. "I suspect we'll see a tightening in the approach ...

WASHINGTON, D.C. - Memphis Congressman Steve Cohen (TN-9), along with other representatives, reintroduced a bill that would allow people to file bankruptcy on private student loans. In a statement ...

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 ...

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 ...

Although walking away from your debt completely may seem tempting, it will have a huge impact on your future financial life. Filing for bankruptcy is generally the more responsible — and safer — ...

More federal student loan borrowers have been able to get their debt discharged in bankruptcy over the last few years, thanks to new guidance that the Biden administration has issued. That more ...