Proposal Five: Potential Changes to Bankruptcy Laws

Impact of Bankruptcy Law on Student Debt Background: The discharge of government guaranteed or issued student debt has always been extremely difficult and rare. Most courts require that the borrower show a “certainty of hopelessness” for his or her financial situation over the repayment term of the loan. An August 31, 2012, New York Times article describing the … Continue reading Proposal Five: Potential Changes to Bankruptcy Laws