A new study suggests that distressed borrowers using a simpler bankruptcy process are succeeding — and that more people like ...
The success rate for student loan borrowers in bankruptcy has "jumped" to 87%, a study finds. But many people still don't pursue the option.
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 ...
A bipartisan bill introduced by Sens. Dick Durbin and John Cornyn would allow borrowers to get rid of their student loans through bankruptcy.
Student loan debt is at an all-time high. Even if bankruptcy filers get their debts discharged, they'll still need to pay off their student loan debt.
If you were to file for bankruptcy, you might experience an unwelcome shock in finding out this does not discharge all forms of debt. Those who carry certain debts are still held responsible for ...
CHARLESTON, W.Va. – The federal Department of Education plans to start garnishing the wages of federal student loan borrowers ...
Could your debt be reduced or forgiven? Take our financial relief quiz. Filing for bankruptcy can come with steep costs, even before your debts are discharged. You’ll need to pay court filing fees, ...
Student loan delinquency rates are the highest in 21 years. Federal reserve data shows 12.9% of loans entering serious delinquency after pandemic payment pause ended. In a briefing with reporters, New ...
You might be able to negotiate debt settlement with your lender, either by yourself or with the help of a credit counselor or debt settlement company. There are even AI tools that will negotiate for ...
A new study shows US student loan borrowers are far more successful in bankruptcy than widely believed, with an 87% discharge ...