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Student Loans & Bankruptcy shifting judicial stance?

Discussion in 'BBS Hangout: Debate & Discussion' started by HTM, Jan 13, 2020.

  1. HTM

    HTM Member

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    https://finance.yahoo.com/news/student-loans-discharged-in-bankruptcy-kevin-rosenberg-190151284.html

    https://www.forbes.com/sites/zackfriedman/2020/01/10/student-loans-bankruptcy/#5df76881c674

    A federal judge in the Southern District of New York interpreted the Brunner test to allow a man to discharge his student loans in bankruptcy. Judges, generally, had interpreted this standard to be extremely high and discharges of student loan debt in chapter 7 bankruptcy were extremely rare.

    This case doesn't create precedent, not yet at least, but it will be interesting to see if there is a thawing in the judiciary regarding student loans and bankruptcy.
     
    Hakeemtheking and Andre0087 like this.
  2. Andre0087

    Andre0087 Member

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    I love the idea and it just makes common sense. Forget forgiving student loans but at least let them be discharged in bankruptcy.
     
    Hakeemtheking likes this.

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