A plaque is displayed on the entrance of the U.S. District Bankruptcy Court for the Southern District of New York in Manhattan. REUTERS/Brendan McDermid Register now for FREE limitless entry to Reuters.com Register WASHINGTON, June 1 (Reuters) – The U.S. Department of Education on Wednesday mentioned it’s going to cancel all remaining federal student loans…
Tag: LEGAL
Are Private Student Loans Dischargeable in Bankruptcy Court? An In-Depth Examination of Each Sub-Section of Section 523 (a)(8) of the Bankruptcy Code—Part II
This is a three-part article that explores whether or not personal student loans are excepted from discharge beneath Section 523 (a)(8) of the Bankruptcy Code. Section 523 (a)(8) consists of three classes of non-dischargeable student loan debt. Part I of the weblog article mentioned Section 523 (a)(8)(A)(i) and will be accessed right here. This is…
Navient should face broad borrower lawsuit over fee allocation
Offices of Navient in Wilmington, Delaware, June 9, 2021. REUTERS/Andrew Kelly Summary Law companies Related paperwork Motion to dismiss proposed class motion denied Borrowers allege student loan servicer misapplied funds to extend debt The firm and legislation agency names proven above are generated routinely based mostly on the textual content of the article. We are…
White House publicizes last extension of student loan reimbursement pause
WASHINGTON, Aug 6 (Reuters) – U.S. President Joe Biden’s administration on Friday introduced a last extension of a coronavirus reduction pause on federal student loan repayments, curiosity and collections till Jan. 31, 2022. The extension of the pause, which had been on account of expire on Sept. 30, comes as circumstances of the Delta variant…
Private student loans might be tossed in chapter, appeals court docket guidelines
Signage is seen on the workplaces of Navient in Wilmington, Delaware, U.S., June 9, 2021. REUTERS/Andrew Kelly Summary Companies Law corporations Ruling may open doorways for extra debtors to discharge personal student loan debt Navient says it helps chapter regulation reform The firm and regulation agency names proven above are generated robotically based mostly on…