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Tag Archives: Student loans

Court temporarily blocks Biden’s student loan forgiveness

A federal appeals court late Friday issued an administrative stay temporarily blocking President Joe Biden's plan to cancel billions of dollars in federal student loans, throwing the program into limbo just days after people began applying for loan forgiveness.

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New lawyers need a good financial plan

Graduating from law school with significant student debt is nothing new for young attorneys. But according to the National Association of Law Placement, starting salaries in the legal profession have fallen 13 percent over the past six years.

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Agencies, Congress turn up heat on debt collectors

The rise in health care-related consumer debt, student loans, shoddy record keeping by creditors and abusive practices by debt collectors are leading federal regulators and lawmakers to crack down on third-party debt collectors and call for tighter rules applying to them.

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Student loan law: A niche for a few good lawyers?

With huge numbers of students facing crushing debt and national student loans surpassing credit card debt, some lawyers have found a new niche: representing clients hounded by student loan creditors, debt collectors and loan servicers.

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New federal study makes case for student loan relief

A new federal study recommends changes in consumer protection and bankruptcy law to provide relief for those Americans saddled with a share of the country’s $1 trillion in student loan debt, largely blaming private lenders for the problem.

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10-32528 In re Johnson

Bankruptcy Student loans Student loan obligations are not a special circumstance under 11 U..C. 707(b)92)(B); but a debtor may separately classify the loan obligations and maintain regular payments on them. “The Debtor has failed to demonstrate that the repayment of her student loan obligations constitutes a special circumstance under § 707(b)(2)(B). Although an involuntary or unexpected event which requires a ...

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