A debtor seeking to discharge student loans in bankruptcy must prove that paying the debt would cause an undue hardship upon him and his dependents. Undue hardship, however, is an undefined concept, flummoxing debtors, creditors and judges alike. The result of this ambiguity is rampant ...
If you are going to discharge a (federal) student loan or other federal debt, you will never be able to get any benefits from the federal government again – no more student loans, unemployment, federal aid of any kind, etc. If you read the supreme court case “Hale v Henkle” you wi...
From 1935 to 1939, excluding 1938, Neutrality Actslegislation to try and keep the United States out of warwere passed on a wave of isolationism in the wake of World War I. Spurred on by the belief that U.S. engagement had started through loans and trades with the allies and driven by ...
Student loan debt is not easy to walk away from. In fact, private and federal student loans are not eligible for discharge in a bankruptcy filing unless you can prove that paying them would produce an 'undue hardship.'Tanisha WarnerFox Business...