by Devin Sawdayi | Oct 14, 2014
President Obama issued an executive order on June 9, 2014 intended to alleviate the burden on people struggling to repay student loans. Student loan debt and the cost of college have both grown at explosive rates in recent years, while the job market has remained...
by Devin Sawdayi | Aug 15, 2014
Student loans are a substantial–and growing–burden for many Americans, especially those who are just now entering the job market after college. The increasing cost of higher education is a major concern for current and future students, and the inability to...
by Devin Sawdayi | Apr 9, 2014
Student loan debt presents a significant problem for individuals seeking bankruptcy protection under Chapter 7 of the Bankruptcy Code. Federal law specifically excludes student loans from discharge, unless a debtor can show “undue hardship” to themselves or their...
by Devin Sawdayi | Mar 24, 2014
A bankruptcy court recently granted a debtor’s request to discharge his student loan debt in a Chapter 7 proceeding. Federal bankruptcy law prohibits discharge of student loan debt except in extremely limited circumstances. The court found that repayment of the full...
by Devin Sawdayi | Jan 12, 2014
A decision by the U.S. Supreme Court in United Student Aid Funds, Inc. v. Espinosa, 130 S. Ct. 1367 (2010), has reportedly prompted a review of various Chapter 13 bankruptcy procedures. The court affirmed an order discharging student loan debt, but only because the...
by Devin Sawdayi | Sep 23, 2013
Student loan debt is one of the largest forms of personal debt in America, surpassing the total amount of credit card debt in some estimates. With the costs of education rising and overall job prospects improving only slowly, student loan debt is likely to continue to...
